TFSA
A Tax-Free Savings Account (TFSA) is an investment option that lets you earn tax-free investment income. It’s a great way to complement your RRSP investment strategy or save for a short-term goal, such as a vacation or other big-ticket purchase.
The Canada Revenue Agency has developed several questions and answers to explain the new provisions related to the TFSA dollar limit.
Types of TFSAs
A range of TFSA options are available to meet every investor’s needs, including savings accounts, a range of flexible, redeemable, and non-redeemable term deposits, and mutual funds, stocks, and bonds*.
Understanding TFSAs
We'll help you in understanding TFSA investing, getting great rates, and sorting out the differences are between TFSAs and RRSPs.
* Please read the Credential disclosure and mutual funds disclaimer.
* Mutual funds are offered through Credential Asset Management Inc. Mutual funds and other securities are offered through Credential Securities, a division of Credential Qtrade Securities Inc. Credential Securities is a registered mark owned by Aviso Wealth Inc.
