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TAX FREE SAVINGS ACCOUNT ~ Good option for those who max out their RRSP or for Seniors

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Uploaded by on Dec 9, 2009

In 2009, taxpayers may contribute up to $5,000 per year to a tax-free savings account. The income is non- tax-deductible and thus tax-free upon withdrawal. We recommend this to seniors who are not eligible for RRSP contributions or taxpayers who have reached their limit in contributions to their RRSP.

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  • the best TFSA to open is prb with ING Direct as they give the top interest 3% and they have no fees. If anyone wants to open a TFSA with ING, i have a free $25 bonus.

    Just use this "orange key" when you sign up 34727970S1. There should be 50 more uses still as the account was created recently.

    Hope this helps anyone who would be interested in opening at TFSA. Saving is one of the most important things you should do!

  • very useful

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