Tag Archives: TFSA

5 Tips about Tax-Free Savings Accounts

The Tax-Free Savings Account was introduced in 2009. If you haven’t taken advantage of this wonderful savings tool please take a minute to learn more about how they work. Be careful not to over contribute If you were at least … Continue reading

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What is a Segregated Fund

What is a Segregated Fund? A Segregated Fund (also known as Seg Fund for short), is a type of investment fund administered by Canadian insurance companies in the form of individual, variable life insurance contracts offering certain guarantees to the … Continue reading

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Tax Free Savings Account

In 2009 the Canadian Government announced that any Canadian 18 years of age or older can put $5000 into a Tax Free Savings Account.  You are not taxed on any of the growth that this account makes.  You do not … Continue reading

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