A tax-free savings account will help you to meet both short-term and long term goals. TFSA’s are flexible investment accounts that can be used to achieve a wide range of objectives such as family vacations, home renovations, purchasing a new car, or even to supplement your retirement plan.
Advantages of Choosing a TFSA
- No maintenance fees when the combined assets of investment accounts total $15,000 or more. There are also several other options to wave the maintenance fee.
- No withdrawal fees.
- No commissions when you sell or buy mutual funds.
- Competitive trade commissions with no minimum account balance as low as $6.95.
- Save on foreign exchange conversions by holding and settling in US/CAN currency.
With a tax-free savings account, you can further diversify your investment portfolio using our vast selection of investment options including mutual funds, stocks, exchange traded funds (ETFs), and guaranteed investment certificates (GICs). We provide access to the latest research and investment tools to better assist you in making confident, profitable decisions.