Tax-Free Savings Account
Wealth One Tax-Free Savings Account
Open a Wealth One Tax-Free Savings Account to save for a short-term goals. It is a great way to complement your Retirement Savings Plan (RSP) investment strategy.
The Canadian Government launched the Tax Free Savings Account (TFSA) program in 2009. It is an option that allows you to earn tax-free income. We have a TFSA guide that helps you understand the program.
Features:
- Market competitive rate
- Minimum deposit of $1,000
- Canadian dollar
- Earn interest on your account - calculated daily and paid monthly
Benefits:
- High interest
- Your interests income is tax-free
- Automatic Savings Plan
- Free account opening
- Eligible for Canada Deposit Insurance Corporation (CDIC) insurance