Tax-Free Savings Account

The purpose of the TFSA is to provide a savings vehicle for
individuals to earn tax-free investment income.

Features of this registered product:

• Available to Canadian residents age 18 and older
• Contributions will not be tax deductible
• Contributions may only be made by the owner
• Income earned and capital gains under a TFSA will be tax sheltered
• Withdrawal of contributions and/or income will not be subject to tax
• Your TFSA contribution room information can be found on your latest notice of assessment or notice of reassessment. For more information on your TFSA contribution room click here
• Unused contribution room may be carried forward and contributed in a future year
• Withdrawals (capital and income) will increase the unused contribution room
• Unused contribution room will be reported on the annual CRA Notice of Assessment

Come in to Access Credit Union and open a Tax-Free Savings Account or call any of our branches to start earning tax-free interest today!