A tax-free savings account (TFSA, French: Compte d'épargne libre d'impôt, CELI) is an account available in Canada that provides tax advantages for saving and investing. Investment income, including capital gains and dividends, earned in a TFSA is generally not taxed, even when withdrawn.
A tax-free savings account (TFSA, French: Compte d'épargne libre d'impôt, CELI) is an account available in Canada that provides tax advantages for saving and investing. Investment income, including capital gains and dividends, earned in a TFSA is generally not taxed, even when withdrawn.
Source: Wikipedia "Tax-free savings account" · CC BY-SA 4.0
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