Tax Free Savings Account (TFSA)

Looking for an easy way to pay less tax on your savings and investments? A Tax Free Savings Account (TFSA) might be the answer.

TFSAs are registered accounts that permit you to earn tax-free income on investments (inside the account) and pay no taxes on withdrawal.

Cal LeGrow offers the following options for investments within your TFSA:

If you’re considering a TFSA, you should know:

Individuals must be 18 years of age or older, and a resident of Canada to establish a TFSA
Individuals may contribute up to $5500 in 2016
Unused contribution room from previous years may be carried forward

Talk to a member of our team today and pay less on your savings.

Kirk Stoyles