Tax Free Savings Accounts (TFSA)
Growth that stays with you
With a Tax Free Savings Account, you are in control. One of the most flexible saving tools available to Canadians, think of a TFSA as a bucket - one you can fill with a wide range of investments, including GICs. It's also a bucket you can with draw from whenever you want, making it invaluable for purposeful saving and unexpected expenses. Best of all, any investment gains made in your TFSA are tax-free, keeping all of your money where it belongs - with you.
A TFSA lets you earn tax-free investment income. The contribution limit for 2020 is set at $6,000, up to a total contribution of $69,500.
WestEarner® TFSA GIC
All the security you expect from a guaranteed investment certificate (GIC) bundled with the tax-free earnings of a Tax Free Savings Account (TFSA). Earn competitive, guaranteed interest rate and don’t pay tax on any interest earned. Set your account to renew automatically for maximum convenience.
WestEarner® TFSA Account
Make your money work harder and smarter with this high-interest Tax Free Savings Account (TFSA) that lets your funds grow without having to pay tax on your earnings. Withdraw or contribute funds at any time and don’t pay tax on any interest you earn. Automate your saving with the convenient automatic contribution feature.