TFSA: Everything you need to know to maximize your savings
A tax-free savings account (TFSA) can be a major ally in your savings strategy for your retirement or life projects. We explain its different features and the possibilities it offers so that you can decide whether this savings vehicle suits your needs and figure out how to get the most out of it.
Whether you're looking to build an emergency fund, save for a short‑ or long‑term purchase, or maximize your retirement income, a tax‑free savings account (TFSA) can help you achieve your goals. The investment products that you hold in your TFSA give you access to tax‑free investment income that can benefit you, whether you're starting to put money aside, saving for a car or a house, supporting a family, or preparing to retire.
We demystify this savings option to keep you informed. We also provide strategic approaches, adapted to different situations, so that you can get the most from your TFSA as part of your savings strategy. Lastly, we teach you how to choose the products that are right for you, how to use a TFSA to reach your short‑, medium‑, and long‑term goals, and how to get the most out of this savings vehicle.
Far from being a simple savings account, a TFSA is a complementary and advantageous tool in any savings strategy. Find out more.