TFSA

Tax Free Savings

Choosing to shelter a portion of your investments in a TFSA gives you added flexibility while continuing to grow your assets. Investment income earned in the account is not taxed, however you don’t get the same benefit of the tax deduction for the principal deposit. TFSAs keep you in control for short AND long-term needs.

Members can now use MemberDirect to make TFSA contributions to their existing TFSA savings account!