Tax Free Savings Accounts: What you need to know

In the 2008 Federal Budget, the government announced plans to offer all Canadians access to Tax Free Savings Accounts (TFSA) beginning January 1, 2009.

These accounts, designed to offer an alternative way to save for retirement or special purchases, allow Canadians to invest up to $5,000 per year in after-tax money into a tax-free account and withdraw it at any time, without paying taxes.

Want to learn more?

View a short presentation courtesy of AIM Trimark, or contact our Credential Securities Inc. offices at (905) 714-1444 or (905) 688-4965 to learn more.

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