Tax-Free Savings Account
Get the most out of your saving strategy by avoiding tax
Get the most out of your saving strategy by avoiding tax
Easily set up repeating contributions.
No barrier, get started on your investment goals today.
GICs, Index-linked term deposits and mutual funds available.
No commission charged or administration fee.
Mutual Funds are offered through Aviso Financial Inc. Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured or guaranteed and are not covered by the Canada Deposit Insurance Corporation of by any other government deposit insurer that insures deposits in credit unions. Their values change frequently and past performance may not be repeated.
No, investment earnings within your Tax-Free Savings Account does not impact your Contribution Limit.
Yes, you can hold multiple Tax-Free Savings Account(s) at the same financial or other multiple institutions. This is possible, for as long as you do not have overcontribute and or surpass your lifetime contribution limit.
No, your income does not determine your contribution limit. Each Canadian is allowed to contribute a specific amount to their TFSA each year. Your TFSA contribution limit begins to accumulate with the first calendar year in which you turn age 18 and are a resident of Canada.
Yes, you can transfer your Tax-Free Savings Account to the Polish Credit Union. This transfer will not have an impact on your contribution limit once the transfer from the other institution is complete.
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