Set Money Aside and Watch Those Savings Grow Tax-Free!!!

A TFSA allows you to set money aside in eligible investments and watch those savings grow tax-free throughout your lifetime. Interest, dividends, and capital gains earned in a TFSA are tax-free for life. Your TFSA savings can be withdrawn from your account at any time, for any reason, and all withdrawals are tax-free. Other advantages to a Tax Free Savings Account include:

 

  • Tax-Free Compounding: Investments inside a TFSA grow tax-free
  • No barrier to withdrawals
  • Share contribution room with a spouse
  • Annual contribution room is the same, regardless of income
  • Unused contributions can be carried forward to the next year and added to that year’s contribution limit
  • No mandatory withdrawals
  • Withdrawals won’t impact government benefits
  • No tax upon death

Call 604-260-7150 or complete the form on the right to speak with an Advisor.

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