Difference between revisions of "How Can I Save on My Taxes?"

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===Tax-Free Savings Account (TFSA) ===
===Tax-Free Savings Account (TFSA) ===


The Tax-Free Savings Account (TFSA) helps you save for your future. You can open a TFSA at a bank or credit union or investment company. You can contribute up to $5,000 annually to a Tax-Free Savings Account.
The Tax-Free Savings Account (TFSA) helps you save for your future. You can open a TFSA at a bank or credit union or investment company. You can contribute up to $5,500 annually to a Tax-Free Savings Account.
* Any money you make in this <span class="noglossary">account</span> is tax free.
* Any money you make in this <span class="noglossary">account</span> is tax free.
* Any money you withdraw from this <span class="noglossary">account</span> is tax free.
* Any money you withdraw from this <span class="noglossary">account</span> is tax free.
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