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  • Writer's pictureMark Albert

POWER of the TFSA / Tax Free Savings Account / Best Purpose for TFSA Explained / Strategy Explained


What is the best purpose of your TFSA. Your Tax Free Savings Account is the Best Long-Term Wealth Building Federal Government Program For the Average Person. Everything you earn in a TFSA is Completely TAX FREE. To understand the power of the TFSA some alternative names could have been Tax Free Investment Account, or a Tax Free Wealth Building Account, or a Tax Free Retirement Account. You can start participating into this program the year you turn 18.


Watch another TFSA video

The TFSA Program CANNOT Earn Interest Growth / Think About It / Make Strategic TFSA Decisions!!!!


Rules on Contribution


Rules on Excess Contribution Amount


For your reference, please feel free to do research on TFSA's at Tax-Free Savings Account (TFSA), Guide for Individuals



 

If you are looking for a Financial Advisor or for Mortgage assistance in Brampton

MississaugaOrangevilleCaledonMiltonTorontoVaughanEtobicokeOakville,

BurlingtonGeorgetown, or GTA please contact Mark Albert at 416-659-6655 or 

markalbertpfs@gmail.com.


Also, please feel free to request a Comprehensive Financial Strategy document,  which is called a Personal Financial Review to see how your mortgage  and/or income property fits within your overall financial strategy.

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