Tax-Free Savings Account (TFSA)
How to Save, Tax-Free
A Tax-Free Savings Account (TFSA) is a great way to save without worrying about taxes eating away at your investment profits. You can save and invest up to $5,500 a year without paying tax on any earnings that may accrue. You can use a TFSA to enhance your overall financial plan and help you save for both long and short term goals.
See the difference tax-free compounding makes with our TFSA Calculator.