The Benefits of Tax-Free Savings Accounts
Submitted by Bakouris Financial Group Inc. on November 26th, 2020Since 2009, Canadians ages 18 and older have had the benefit of contributing to a tax-free savings account (TFSA). The introduction of TFSAs marked an important milestone in the accessibility of savings vehicles for Canadian citizens. If you’re not already taking advantage of a TFSA, here’s what you should know about the benefits and limitations.