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The couple’s largest investment, retirement annuities, yielded an impressive return of 16.42% in 2024. These annuities are structured within regulatory limits that dictate asset allocation but still offer significant benefits, such as tax-deferred growth and reduced taxable income.
2. Tax-Free Savings Account (16.9%)
Next in line, their tax-free savings account (TFSA) produced a robust 19.12% return. The couple prioritizes maxing out their TFSA contributions, underscoring the importance of utilizing tax-advantaged accounts to build wealth efficiently.