fbpx

Tax Free Savings Account (TFSA)

The TFSA was introduced in the 2008 Federal Budget as an investment option for Canadian residents 18 years of age and older, whereby the income earned on the contributions are not taxed.  The TFSA differs from RRSPs in that a RRSP allows you to deduct the amount contributed from your taxable income, and the investments in your […]

Tags: , ,
Posted in Taxation | Comments Off on Tax Free Savings Account (TFSA)