Tax Free Savings Acount

New TFSAs find plenty of takers

The tax-free savings account launched this year has been called the greatest thing since the registered retirement savings plan was introduced with a $2,500 limit in 1957, and many Canadians are eagerly taking advantage of its benefits.

Features

Sound addition to RESPs

Many parents cease contributing to registered education savings plans after their children turn 17, the age when the government grant ends. Now, the Tax...

Build equity with TFSAs

Young couples struggling to save money for their first home will find the taxfree savings accounts (TFSAs) an immense help.

TFSAs get better with age

One of the most appealing aspects of the tax-free savings account is how it behaves later in life.

Tax Free Savings Accounts prove popular

Canada's newest investment product, the innovative Tax Free Savings Account, seems to be finding quick popularity among the broadest range of Canadians...