TFSA – Tax-Free Savings Account

Grow Your Wealth Completely Tax-Free

A TFSA (Tax-Free Savings Account) is a flexible, powerful investment tool for Canadians who want to grow savings without paying taxes on gains or withdrawals. Unlike RRSPs, TFSA contributions are not tax-deductible, but all investment earnings and withdrawals are completely tax-free.

What Is a TFSA?

A TFSA is a government-registered account that allows you to build wealth with maximum flexibility.

Tax-Free Growth

Grow investments without paying taxes on dividends, interest, or capital gains.

Instant Access

Withdraw funds at any time without tax penalties or government holdbacks.

Future Re-contribution

Every dollar you withdraw is added back to your contribution room the following year.

Total Flexibility

Use it for emergency funds, major purchases, or long-term wealth accumulation.

Maximize Tax-Free Growth

All Earnings Are Yours to Keep

All interest, dividends, and capital gains earned within a TFSA are completely tax-free — now and in the future. We help Canadians maximize these benefits through strategic investment planning tailored for high-growth potential.

No tax on dividends

Zero capital gains tax

Tax-free interest income

Total profit retention

TFSA Portfolio Assets

Your TFSA portfolio can be built using high-performance assets tailored to your timeline.

Investment Choices:

GICBondsStocksMutual FundsSeg Funds

Total Liquidity

Access your money whenever opportunities or emergencies arise, without the government holdbacks seen in RRSPs.

Use Cases:

Emergency FundsMajor PurchasesLife MilestonesRetirement Income

Flexible Withdrawals

Accessibility Without Penalties

Unlike RRSPs, you can access your money anytime for emergency expenses, major life purchases, or to supplement retirement income. TFSA gives you the power to pivot your financial strategy as life changes.

Zero withdrawal fees

No tax at withdrawal

Room re-opens next year

Flexible planning tool

Comprehensive Wealth Building

Infinite Future Opportunities

TFSAs can be used alongside RRSPs, FHSA, and non-registered accounts to create a multi-layered wealth strategy. We design each TFSA based on your risk tolerance, time horizon, and long-term income goals.

Strategic asset allocation

Income planning integration

Next-generation wealth transfer

Professional Guidance

We help Canadians leverage TFSAs strategically with clear guidance and personalized portfolios designed for consistency.

Whealth Planning:

Risk ProflingDiversificationPortfolio RebalancingTax-Aware Design

Frequently Asked Questions

The main advantage is that all investment income (interest, dividends, and capital gains) earned inside the account is 100% tax-free, and withdrawals are also tax-free.

No, when you withdraw money from a TFSA, the full amount of the withdrawal is added back to your contribution room at the beginning of the following calendar year.

You must be at least 18 years old and have a valid Social Insurance Number (SIN) to open a TFSA.

You can have multiple TFSA accounts, but your total contributions across all accounts must not exceed your available contribution room.

While you cannot contribute directly to someone else's TFSA, you can provide funds to your spouse or common-law partner to contribute to their own TFSA without attribution rules applying.

Who Should Consider a TFSA?

Young Professionals

Starting to save with a flexible tool that grows with their career milestones.

Families

Building emergency funds or future education supplements with zero tax impact.

Retirees

Supplementing RRSP/RRIF income without increasing their taxable income bracket.

Flexible Investors

Seeking long-term wealth accumulation with total freedom of liquidity.

Maximize Your TFSA Today

Whether you’re saving for short-term goals or growing a retirement supplement, Whealth helps you leverage TFSAs strategically with professional portfolio design.