Setting up a Tax Free Savings Account (TFSA) is an excellent way to save money and watch it grow. TFSA’s offer the added benefit of not being taxed on dividend income, capital gains, or withdrawals – allowing you to keep more of your hard-earned money to use as you please. This type of savings account is useful for Canadians who are looking for a flexible way to save funds, as there are no predetermined contribution limits or withdrawal requirements. Furthermore, contribution room increases annually – offering tax payers opportunities to adjust their contributions according to their lifestyle and individual financial needs. Take advantage of the benefits available with a Tax Free Savings Account today!
Invest without Paying Tax
Canada’s TFSA is the best savings plan since the RRSP was introduced in 1957, providing Canadians with an easy way to invest without paying tax on earnings.
Unlike an RRSP or an RESP, a TFSA can help you save for any purpose. You can use a TFSA to save for a car, a home, to start a small business or even to take a vacation.
Watch Your Money Grow
You can contribute up to $6,000 a year to a TFSA and, unlike stressful fee-based stocks and mutual funds that require constant attention, with a Fisgard TFSA your money simply grows.
Discover a Better Way to Invest
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