A Tax Free Saving Account (TFSA) is a simple, flexible way to save and invest without paying tax on your gains in Canada. Whether you’re planning for retirement, a big trip, or an emergency, a TFSA from PolicyPlace helps you grow your money without limits on how you use it.
You earn interest, dividends, or investment growth — and you keep every dollar because it’s tax-free. With PolicyPlace, you can access your funds anytime, for any reason — with no penalties, no paperwork, and no impact on your government benefits.
If you’re 18 or older and have a SIN, you’re eligible to open a Tax Free Saving Account with PolicyPlace.
Tax-Free Earnings
Your investment gains — including interest, dividends, and profits — stay in your pocket, tax-free.
Flexible Use
Need funds for school, travel, or an emergency? Use your TFSA however you want — no approval required.
No Tax on Withdrawals
Unlike many accounts, you don’t get taxed when you withdraw money.
Wide Investment Choices
You can invest TFSA funds in GICs, mutual funds, ETFs, or stocks — whatever suits your comfort and goals.
Annual Contribution Room
Each year, the government adds to your limit. Even if you skip a year, unused room carries forward.
In 2024, the limit is $6,500. Never contributed before? Your available room might be even higher.
We’re here to help you create a plan that fits your life. Whether you’re building long-term wealth or just starting your savings journey, we’ll show you how to use your TFSA to its full potential.
📞 Chat with an advisor today or
📝 Fill out the form to get personalized projections based on your age, risk appetite, and timeline
