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Email this4:51 am
August 19, 2022
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What is the easiest way to move my TFSA out of NB? It was forced there when Motive closed. Do they charge a fee??? Thank you.
I want to move it to Oaken or Hubert.
8:38 am
July 9, 2020
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$150 transfer out fee, which is ridiculous.
https://www.nbc.ca/personal/no.....anges.html (search for "TFSA")
9:59 am
November 18, 2017
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You can wait until December, then withdraw all your cash. There should be no fee for that. You can then deposit it anywhere you like after January first of the new year.
In the meantime, see if you can find a short-term deposit to hold your cash, but mature before December so you can make the withdrawal. Or use a high-interest TFSA.
You should ask them if you can get a better deal on the transfer because of the takeover. Maybe they'll be nice?
I think Oaken and Hubert still don't charge for TFSA transfer-outs, so you shouldn't face that next time.
RetirEd
