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What is a TFSA?
A Tax-free Savings Account (TFSA) is an account that lets your deposits grow quickly through tax-free compounding. You pay no income tax on investment returns earned in the account, and there are no taxes on amounts you withdraw.
For more information, visit our Tax-free Savings Account (TFSA) page.
Top 10 Questions
- How do I get a void cheque for a preauthorized deposit?
- How do I perform a wire transfer?
- What are the abbreviations for the transaction types for personal accounts?
- How do I transfer money to another individual or small business?
- When are the tax slips mailed?
- How do I find the branch/transit or account number?
- How do I set up Direct Deposit?
- How do I find my BIC and IBAN numbers?
- What are the different transaction codes and their meanings?
- What are eStatements, and how do I sign up?
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