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TFSA stands for Tax-Free Savings Account and is a tax-free way of putting money aside for your financial goals.

We’ve got lots of articles on the TFSA, but we bet you’re looking for one of these:

Don’t let the name fool you! Your TFSA doesn’t have to be a savings account. You can (and should) use this account to invest in the stock market. You can open a TFSA to hold stocks, bonds, ETFs and more, to supercharge your long term savings and meet your lifetime financial goals!

TFSA

6 Ways Everyone is Screwing Up their TFSA

By Emily NortonFebruary 7, 2020

Using a Tax Free Savings Account can be one of the best choices for you financially. The TFSA allows you to earn tax-free investment income on the money you put into the account. Ultimately, the…

Best Investing Tools

The New 2020 TFSA Explained

By Ryan KasperJanuary 6, 2020

The Tax-Free Savings Account annual contribution limit has been is $6,000 for 2020. Here is the 2020 TFSA Explained, so you can make the most of your money in the New Year. In this post…

Saving Tips & Tricks

10 Strategies to Max Out Your TFSA Every Year

By Bridget CaseySeptember 30, 2019

The Tax-Free Savings Account (TFSA) has an annual maximum of $6,000 in 2019, and a lifetime maximum of as high as $63,500 depending on the year you were born. How to max out your TFSA…

TFSA

How to Calculate Your TFSA Contribution Limit

By Bridget CaseyJune 7, 2019

The Tax-Free Savings Account is one of the best investment vehicles available to Canadians, but only if they put it to good use! Here’s how to calculate your TFSA contribution limit. Fast facts about your…

Robo-Advisors

How to Build a $1 Million Dollar TFSA

By Bridget CaseyMay 27, 2019

Retirement might not be a top-of-mind concern for a 20- or 30-something, but these are your best years to save for future you. Thankfully, it’s ridiculously easy to create a million-dollar TFSA! What is the…

RRSP

Saving Money in a TFSA and RRSP On Any Budget

By Bridget CaseyNovember 28, 2018

It’s easier than you think to fit saving into any budget — if only because any amount of saving is worth doing even on the tightest of budgets! Many people claim that they can’t save…

TFSA

How To Open a TFSA

By Bridget CaseyAugust 27, 2018

The Tax-Free Savings Account (TFSA) is the best long-term savings vehicle available to Canadians, but less than 40% of eligible savers are making use of it. If you don’t have one, it’s time for you…

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