Tax-Free Savings Accounts (TFSAs)

• 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.