Tax-free savings account. A smart way to save.
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- Category: Tax Advise
We wanted to discuss a few quick facts about the Tax-Free Savings Account (TFSA). The annual TFSA dollar limit for the year 2019 is $6,000. Q) Can I take advantage of TFSA? A) TFSA is available to all Canadians, 18 years and older. Q) What is the main benefit of having a TFSA versus a regular savings account?