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    Tax-Free Savings Account

    What is a Tax-Free Savings Account?

    A Tax-Free Savings Account (TFSA) is registered with the Canadian government. Canadian residents over the age of 18 may set money aside in a TFSA throughout their lifetime. While there is a contribution limit for TFSA accounts and TFSAs are not tax-deductible for income tax purposes, any investment income or capital gains earned in the account is tax-free even when it is withdrawn. To learn about contribution limits and other TFSA rules, visit the Canada Revenue Agency website, or ask a Kindred Financial Planning Team member for advice.

    You can invest in mutual funds, GICs, and more within your TFSA.

    Tax-Free Savings Calculator

    These calculators are not intended to provide investing or lending advice. We cannot and do not guarantee their applicability or accuracy. All examples are hypothetical and are for illustrative purposes only. Please visit your local branch and speak with a member of our Investment or Lending teams for personalized advice.

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    Mutual funds and other securities are offered through Aviso Wealth, a division of 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 funds, other securities and cash balances are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. Mutual funds and other securities are not guaranteed, their values change frequently and past performance may not be repeated.



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