# Kosh vs Wealthsimple: Where to Hold vs How to Plan > Kosh and Wealthsimple do different jobs: Wealthsimple holds your money and files taxes, Kosh plans across every account you have. How they fit together. Source: https://trykosh.com/compare/kosh-vs-wealthsimple Compare - Kosh and Wealthsimple # Kosh vs Wealthsimple: holding your money vs planning it Wealthsimple is where many Canadians keep a TFSA, invest, bank and file their taxes. Kosh doesn't hold money or file anything. It reads statements from all your accounts, Wealthsimple included, and plans across them. Checked October 31, 2026Written by Kosh, so read with that in mind On this page[In short](#in-short)[Side by side](#side-by-side)[Different jobs, not rivals](#different-jobs)[What Wealthsimple does that Kosh can't](#what-wealthsimple-does)[What Kosh adds on top](#what-kosh-adds)[Using both](#using-both)[FAQs](#faq) **In short** - Wealthsimple is a financial platform: it holds accounts like TFSAs, RRSPs and RESPs, offers chequing and managed investing, and sells tax-filing software. - Kosh holds nothing. It's an AI CFO that reads statements from every bank, card and investment account you have and tells you what to do next. - They're not substitutes. You might hold money at Wealthsimple, file with Wealthsimple Tax and use Kosh to plan across Wealthsimple and your other banks. - If you need somewhere to open an account or file a return, Kosh can't do that. If you want one plan across all your accounts, including those at other institutions, that's Kosh's job. ## Side by side Kosh Wealthsimple What it is An AI CFO that plans across your accounts A platform that holds accounts, invests and files taxes Holds your money No, and can't move it Yes Accounts offered None TFSA, RRSP, RESP, non-registered, crypto, chequing and more Sees accounts at other banks Yes, from statements you upload Built around accounts held with it Spending and leaks across all cards and banks Yes Not described on its pricing page Files your tax return No Yes, with Wealthsimple Tax (NETFILE-certified) Tax planning before year end Yes: marginal rate, RRSP/FHSA savings, RSUs Tax software optimizes the return you file Cost (as of 31 Oct 2026) Starter free; Pro CA$19 a month or CA$179 a year, with a 7-day free trial Managed investing 0.5% (Core), 0.4% (Premium), 0.2-0.4% (Generation); Tax: Basic pay what you want, Plus $40, Pro $80, plus tax ## Different jobs, not rivals Wealthsimple is where money lives. As of 31 October 2026, its pricing page lists TFSAs, RESPs, RRSPs, non-registered accounts, crypto, a Save account and chequing, with tiers based on how much you hold: Core from $1, Premium from $100,000 and Generation from $500,000. It also sells Wealthsimple Tax, a NETFILE-certified program for filing your return. Kosh is where the plan lives. It doesn't hold money, invest it or file returns. It reads statements from every institution you use, including Wealthsimple, and works out what to do: how much RRSP room to use this year, whether the TFSA or FHSA comes first, which card is costing you interest, which subscriptions you've forgotten. It's an [AI CFO](/learn/what-is-an-ai-cfo). ## What Wealthsimple does that Kosh can't - **Opens and holds accounts.** You can open a TFSA, RRSP, RESP or chequing account. Kosh can't. - **Invests your money.** Managed portfolios charge 0.5% on Core, 0.4% on Premium and 0.2% to 0.4% on Generation, as of 31 October 2026, for selecting assets, rebalancing and reinvesting dividends. Kosh doesn't invest and doesn't recommend specific securities. - **Files your return.** Wealthsimple Tax Basic is pay-what-you-want (even $0), Plus is $40 and Pro is $80, plus tax, as of 31 October 2026. ## What Kosh adds on top - **One view across every bank.** Many people also have a big-bank chequing account, a couple of credit cards and maybe a workplace plan. Kosh reads them all from statements. - **Spending and leaks.** Card interest, bank fees, subscriptions and idle cash, with dollar amounts. - **Tax planning before December 31.** Filing software works on the year that's over. Kosh shows your marginal rate during the year and what an RRSP, FHSA or donation would save while there's still time. See [RRSP vs TFSA](/learn/rrsp-vs-tfsa). - **Reminders.** RRSP deadline, instalments, filing day and card due dates. ## Using both 1. **Upload your Wealthsimple statements to Kosh** along with your other bank and card statements. 2. **Let Kosh set the order:** emergency fund, high-interest debt, then which registered account to fill first for your income. See [how to start investing in Canada](/learn/how-to-start-investing-canada). 3. **Make the contributions wherever you hold your accounts,** Wealthsimple or elsewhere. Kosh can't move money; you stay in control. 4. **At tax time, file with the software you prefer.** Kosh's year-round numbers help you check the result. [Free tool**TFSA contribution room calculator**Add up every TFSA limit you've been eligible for since 2009, subtract what you've put in and add back past withdrawals to see the room you have today.](/tools/tfsa-contribution-room-calculator)[Free tool**Income tax calculator**Work out your 2026 federal and provincial income tax, CPP and EI, and what you keep, in any province or territory. Add self-employment income, capital gains and RRSP contributions to see how each one changes the bill.](/tools/income-tax-calculator) **Where Kosh fits** Kosh is educational and isn't registered with any Canadian securities regulator. It doesn't hold money, recommend specific investments or file returns; it plans across the accounts you already have. ## Free tools to try first [Free tool**TFSA contribution room calculator**Add up every TFSA limit you've been eligible for since 2009, subtract what you've put in and add back past withdrawals to see the room you have today.](/tools/tfsa-contribution-room-calculator)[Free tool**Income tax calculator**Work out your 2026 federal and provincial income tax, CPP and EI, and what you keep, in any province or territory. Add self-employment income, capital gains and RRSP contributions to see how each one changes the bill.](/tools/income-tax-calculator) ## Frequently asked questions Is Kosh an alternative to Wealthsimple? Not really. Wealthsimple holds accounts, invests money and sells tax software. Kosh holds nothing and files nothing; it reads statements from all your accounts, including Wealthsimple, and plans across them. How much does Wealthsimple Tax cost? As of 31 October 2026, Wealthsimple Tax Basic is pay what you want, including $0, Plus is $40 and Pro is $80, plus tax. Plus and Pro are free for some Wealthsimple client tiers. What are Wealthsimple's managed investing fees? As of 31 October 2026, Wealthsimple lists 0.5% for Core clients, 0.4% for Premium clients with $100,000 or more, and 0.2% to 0.4% for Generation clients with $500,000 or more. Can Kosh read my Wealthsimple statements? Yes. Upload them as PDF, CSV or photo alongside your other statements, and Kosh includes those accounts in your money map and plan. Does Kosh tell me what to invest in? No. Kosh explains account types and categories and does the maths on contributions and tax, but it is not a registered adviser and does not recommend specific securities. ## Sources - [Wealthsimple pricing (checked 31 October 2026)](https://www.wealthsimple.com/en-ca/pricing) - [Wealthsimple Tax (checked 31 October 2026)](https://www.wealthsimple.com/en-ca/tax) Descriptions and prices of other products come from their public websites as of October 31, 2026 and may have changed since. Kosh is our product. Product names belong to their owners. Kosh is an educational financial planning tool by Primedepth Labs. It is not registered with any Canadian securities regulator as an adviser or dealer, does not recommend specific securities, and does not hold your money or execute trades. Tax figures are estimates; confirm with the CRA or a qualified professional before acting. Investing carries risk. ## See what Kosh finds in your statements. Upload one bank or card statement. Kosh maps your money, estimates your tax and shows the one thing to fix first. It never asks for bank logins and can't move money. [Start free](/signup?via=compare-kosh-vs-wealthsimple)