TFSA Explained: A Simple Guide to the Tax Free Savings Account
14:12
YouTubeStephen Antonioni
TFSA Explained: A Simple Guide to the Tax Free Savings Account
GET $50 FREE TO START INVESTING: https://wealthsimple.sjv.io/Q7LeP CHECK YOUR CREDIT SCORE FREE: https://api.fintelconnect.com/t/l/5edfad8e84d24d001c7c0d47 FOLLOW ALONG: https://www.instagram.com/steveantonioni/ The TFSA or Tax Free Savings Account is a special investment account in Canada that allows you to shelter your investments from tax ...
12.8K viewsJan 27, 2020
Tax-free Savings Account Explained
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POV: TFSA - Who can open this account? Anyone who is a resident of Canada, at least 18 years old, and has a valid Social Insurance Number (SIN) can open a Tax-Free Savings Account (TFSA). There is no income requirement to open a TFSA. Age: Must be 18 years of age or older (or the age of majority in their province of residence, which is 19 in some provinces). Residency: Must be a resident of Canada for income tax purposes. Identification: Must have a valid Social Insurance Number (SIN). #TFSA Dis
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POV: TFSA - Who can open this account? Anyone who is a resident of Canada, at least 18 years old, and has a valid Social Insurance Number (SIN) can open a Tax-Free Savings Account (TFSA). There is no income requirement to open a TFSA. Age: Must be 18 years of age or older (or the age of majority in their province of residence, which is 19 in some provinces). Residency: Must be a resident of Canada for income tax purposes. Identification: Must have a valid Social Insurance Number (SIN). #TFSA Dis
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⏳ Time is running out! Top up or open a TFSA by 27 February to maximise tax-free growth and stand a chance to win up to R15 000.​ Love lasts longer when nurtured and so does your financial future. With Alexforbes, invest up to R36 000 annually in a Tax-Free Savings Account (TFSA) and enjoy tax-free wealth growth.​ Celebrate the last days of the month of love with smart savings. ​ Start now: https://bit.ly/3VSnw4L ​ T&Cs apply. | Alexforbes
0:14
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