As a mortgage company, we are aware of how crucial saving for the future is. To assist you in achieving your financial objectives, we provide a Tax-Free Savings Account (TFSA) service.
A TFSA is a flexible savings account that allows you to save and invest your money without paying taxes on the growth or withdrawals. With a TFSA, you can contribute up to $6,000 per year and any unused contribution room carries forward to future years.
Our TFSA service offers a range of investment options to suit your needs and risk tolerance. Whether you prefer low-risk savings accounts or high-risk investments, we have options that can help you maximize your returns.
Benefits of TFSA
Benefits of our TFSA service include:
- Tax-free growth: Your investments grow tax-free, so you keep more of your money.
- Flexibility: Withdrawals are tax-free and can be made at any time without penalty.
- Contribution room: Unused contribution room carries forward, so you can catch up on contributions in future years.
- Diversification: Our TFSA service offers a range of investment options to help you diversify your portfolio and minimize risk.
At our mortgage insurance company, we believe that a TFSA is an essential tool for anyone looking to save for their future.