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Tax-Free Savings Account
The Tax-Free Savings Account (TFSA) is a flexible, registered account that allows Canadians to watch their investments, including interest income, dividend payments and capital gains, grow tax-free. Whereas an RRSP is intended for retirement, the TFSA can be effective for achieving pre-retirement, retirement and estate planning goals.
Our TFSA vs. non-registered calculator enables you to adjust variables to clearly understand the difference in growth value between the TFSA and a non-registered account.
Learn more about the TFSA with our informative suite of support materials: