TFSA ACCOUNTS
Tax-Free Earnings
Profits earned on investments made in a TFSA are fully tax-free, allowing you to keep all of your earnings.
Easy Withdrawals
Withdrawals are tax-free and can be made at any time for any purposes.
New Contribution Limit Each Year
Withdrawn amounts are added back to your contribution room the following year.
RRSP ACCOUNTS
Immediate Tax Savings
Contributions reduce your current taxable income, which represents a significant tax savings when you file your annual return.
Tax-Advantaged Withdrawals
Funds grow tax-free until you retire. You can withdraw the money at a potentially lower tax rate during retirement.
Funding Major Life Events
The Home Buyers' Plan and Lifelong Learning Plan allow you to withdraw funds for a home purchase or educational purposes.
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