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:
- The New 2020 TFSA Explained
- How to Calculate Your TFSA Contribution Limit
- The TFSA vs the RRSP
- How to Build a $1 Million Dollar TFSA
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!