financial backup for life

Tax-Free Savings Accounts (TFSAs)

Tax-Free-Savings Accounts are the most misunderstood financial product out there. TFSAs are also an outstanding choice for members with pensions and for anyone who wants a more balanced and tax-efficient way to save for retirement.

  • TFSAs allows allow you to generate investment growth without triggering taxes. And unlike an RRSP, you can use your accumulated wealth in a TFSA without paying tax on it.
  • TFSAs fit medium to long-term financial strategies and complement pension plans (of all kinds).
  • Unlike RRSPs, there are no limits on how long you shelter the funds – so the TFSA helps you well into your later retirement years.
  • TFSA withdrawals are not included in your income and will not impact OAS payments.

TFSA Calculator

Calculate how your savings grow tax-free using this financial tool. Talk to your Advisor about putting the numbers to work.

TFSA RATES

TFSA SAVINGS ACCOUNT
RATES

High Interest Savings

.90%

TFSA TERM DEPOSITS
RATES

1 Year – Call for Special Offers

2.75%

2 Year – Call for Special Offers

2.80%

3 Year – Call for Special Offers

2.85%

4 Year – Call for Special Offers

2.90%

5 Year – Call for Special Offers

3.30%