Am I eligible for a Tax Free Savings Account?

All Canadians aged 18 or older can benefit, regardless of income level. A TFSA can only be held by a single, personal individual who must make all contributions to the plan and control the assets. TFSAs cannot be held jointly, by trusts or corporations.

What investments can I include in my TFSA?

Investments that are eligible to include in your TFSA are mutual funds, GICs, savings accounts, stocks, bonds, and, in certain cases, shares of small business corporations.

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