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Stock impact report

Turn $45,000 Into $236/Month Tax-Free to Help With Expenses [Yahoo! Finance Canada]

Suncor Energy Inc. (SU) 
Last suncor energy inc. earnings: 2/5 07:15 pm Check Earnings Report
US:NYSE Investor Relations: suncor.com/investor-centre
Nearing retirement or taking a career break due to unforeseen circumstances is something you should consider when planning investments. Such an event could require you to change your asset allocation and increase it towards income-generating stocks. Since you need help with expenses, you don't want that income to attract tax. A portfolio rebalancing in the Tax-Free Savings Account (TFSA) could help you earn tax-free income. How to preserve $45,000 in TFSA and still get tax-free income When you need money, the most obvious option is to sell the stocks and withdraw the proceeds. If you plan for an event, you can preserve your TFSA portfolio and withdraw tax-free income. In a crisis, do not act in a rush. Stay calm and write down the amount yo Read more
Impact Snapshot
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