You can easily designate a beneficiary or successor holder for your TFSA by filling out a digital beneficiary form here.*
You will be asked to enter your name and email in order to access the form. Please enter your full name as it appears on your Wealthsimple Trade profile and enter the email address associated with your Trade profile.
After you enter your email address, a verification code will be sent to your inbox (please check your Junk folder if it's been more than a few minutes). Enter the verification code in order to continue with opening the form.
When filling out the form, please ensure the following:
1. Please include your complete TFSA account number. This will start with an "H" and end in "CAD". Instructions on how to locate your account number can be found here.
2. When filling out an address, please include the city, province, and postal code.
Once you've completed all of the required fields, click "Finish" at the bottom. You will be given the opportunity to download a copy for your records and will also receive a "Completed" notice to your email inbox from our partner Docusign.
Please note that you cannot designate a beneficiary for a non-registered Personal account.
*We will follow your electronic beneficiary designation but others may challenge it. To ensure that your beneficiary designation is accepted by all institutions and courts please provide us with an ink signature on the beneficiary form - you can reach out to firstname.lastname@example.org for further instructions.