Using TFSAs to plan ahead

Whether you’re getting married, saving to buy your first home, going back to school, or taking an extended vacation, a Tax-Free Savings Account (TFSA) can help you get there, by allowing you to accumulate earnings tax-free. Follow these tips to use TFSAs to help you reach your milestones.

Learn more about the TFSA and how you can get started saving. Or visit your nearest TD Canada Trust Branch to open a TFSA today.

1 Annual contribution limit for 2016 is $5,500. Annual contribution limit from 2009 to 2012 was $5,000. Annual contribution limit from 2013 to 2014 was $5,500. Annual contribution limit for 2015 was $10,000. Annual TFSA contribution limit is subject to change by the federal government.