
Tax Free Savings Accounts were created in 2009 as a way for Canadians to invest for their future. With the latest change in Government, Canadians can now contribute up to $5,500 per year in their TFSA.
Here is what you need to know about a TFSA:
1) You are allowed to contribute up to $5,500 per year to an account. If you have not contributed previously you can contribute up to $46,500 into a TFSA in 2016.
2) A TFSA is not your typical "savings account". Many people are under the as...
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