The Tax-Free Savings Account, launched in 2009, has been a resounding success with Canadians wanting to take advantage of another tax-free savings option. It is an effective method for anyone aged 18 and over to save and invest towards important life goals and offers a unique chance to generate tax-free investment income. Savvy investors can take advantage of a TFSA to maximize gains on their most promising investments, including stocks, exchange-traded funds, mutual funds or fixed-income securities offering higher returns.

As the year draws to a close, it’s time to start taking a hard look at your TFSA. Should you max out your contribution limit or wait until next year? And if you want to withdraw money, when should you replace it? What is the best strategy to maximize account returns?

On Thursday, November 21 at 11 a.m. ET, Globe and Mail editor Darcy Keith, alongside financial planner Owen Winkelmolen and economist and investment writer Larry MacDonald, will answer readers’ questions about best practices in of TFSAs and will share tips on how to use one effectively. of the best financial tools in Canada. Keith and MacDonald wrote for The CELI Trouncers series from the Globewhere they asked successful Canadian investors how they grew their TFSA balances.

Globe and Mail subscribers can ask a question or leave a comment, but registered non-subscribers can still view the questions and answers. To submit a question, fill out this form or scroll down to the comments section of this article. Then come back on November 21 at 11 a.m. ET and read the answers to your questions in the comments.

What is the difference between a TFSA and an FHSA? Can I pass on my TFSA to my children? How did we reach $1 million? Tune in on the 21st to get the answers to these questions and much more.