Tax Free Savings Account (TFSA)
A Fresh Approach to Your Savings
Canadians 18 years or older are eligible to contribute up to $5,000 annually to a Tax Free Savings Account (TFSA). A TFSA allows taxpayers to set money aside and watch those savings grow tax free throughout their lifetime.
Portage Credit Union offers a TFSA Daily Interest Savings Account, and, 1-5 Year Non-Redeemable TFSA GIC's.
Members with non-matured GIC's can transfer funds into a TFSA GIC with the same terms, conditions & maturity date as the original GIC.
For more information on Tax Free Savings Accounts click here.
Portage Credit Union – Making a Difference… in How You Save