TFSA Explained
by | Posted 1.3.2013 | Post Comment (No Comments)

The Tax-Free Savings Account, or TFSA, is a special type of investment account that provides tax benefits for Canadians. The main tax benefit of this type of account is that investment income earned in a TFSA is not taxed upon withdrawal. It was just introduced in 2009, and is very similar to the United States Roth Individual Retirement Account or UK Individual Savings Account.

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