Tax free and stress free savings
How a TFSA 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 $6,500, 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 account (including interest, dividends and capital gains).
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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.