TFSA

Tax free and stress free savings

With a Tax Free Savings Account (TFSA), any earnings your savings bring in are tax-free. With its flexible features, a TFSA can help you achieve short or long-term goals.

How It Works:

  • Any Canadian (age of majority or older) with a valid SIN number can open a TFSA.
  • Invest up to your TFSA contribution limit. This year, the limit is $6,000, but if you have unused contribution room from previous years, you may be able to invest more.
  • Fill your TFSA with a mix of savings and investments. Options include savings accounts, GICs, mutual funds*, stocks*, bonds*, and more.
  • Don’t pay tax on any growth earned inside your TFSA (including interest, dividends and capital gains).

Mutual funds and related financial planning services are offered through Credential Asset Management Inc. Mutual funds, other securities and securities related financial planning services are offered through Credential Securities, a division of Credential Qtrade Securities Inc. Credential Securities is a registered mark owned by Aviso Wealth Inc. 

Credential® is a registered mark owned by Aviso Wealth Inc.

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