TFSA Investing

A Tax-Free Savings Account (TFSA); is a type of registered plan where you can save or invest up to $5,500 a year. Unlike other types of savings, you’re not taxed on the income you earn. It’s a great way to save for your short or long-term goals; because it lets your savings grow – tax-free.

Whether you’re putting money aside for a down payment on a house, saving for a major purchase like a car or a vacation, building your rainy day fund or making sure you have enough for a comfortable retirement, a TFSA can help. Looking for more information contact us at Wasaga Tax to see how TFSA’s can work for you.

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