Posts Tagged ‘Tax Free Savings Account’

Posted on April 20th, 2008

New Tax-Free Savings Account (TFSA)

In the latest federal budget a new tax-free savings account was announced. But what does that mean for working Canadians? Is that the same thing as an RRSP? Is it as good as an RRSP? The answer is no, it isn’t the same, but yes it could prove to be just as useful.

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