The Benefits of Tax-Free Savings Accounts

Since 2009, Canadians ages 18 and older have had the benefit of contributing to a tax-free savings account (TFSA). The introduction of TFSAs marked an important milestone in the accessibility of savings vehicles for Canadian citizens. If you’re not already taking advantage of a TFSA, here’s what you should know about the benefits and limitations. 

TFSA Benefits 

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How do I save for a goal?

The goal for your saving plan is up to you. Some people enjoy travel or the latest electronics. Others may save for school or a home purchase. While there are a thousand ways to spend your money, there’s only one way to save it  — stick to the plan.

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