Tax Free Savings Account (TFSA)

A Tax-Free Savings Account (TFSA) is just that: a vehicle that allows you to invest your money in a flexible, registered account and in which your savings will grow tax-free.

The funds in a TFSA can be used for various reasons depending on your personal needs:
  • To supplement your retirement income;
  • To plan for a vacation;
  • To cover any health-related emergencies;
  • To fund home renovations;
  • To buy a new car;
  • And much more!

There are also many benefits of using a TFSA as an investment tool:
  • Flexible withdrawals;
  • Tax-free growth;
  • No limit to a lifetime contribution;
  • You are eligible for life;
  • Your contribution room can be carried forward;
  • No proof of income is required;
  • Great for quick investment growth.

Get the tax free savings account TFSA in Mississauga, Brampton, Oakville and Richmond Hill from a name you can trust. Ask Sunil Bhushan today for TFSA and more!

Wholelife Financial Services

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