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Cash Account vs. TFSA: How The TFSA Makes Money

The name “Tax-Free Savings Account” (TFSA) has one problem. It implies that the TFSA is a savings account. 

I believe this is misleading Canadians. The TFSA offers it’s utility when you have investments in the account. I wish it was called the Tax-Free Investment Account instead. 

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How Does The TFSA Work?

Learn how the TFSA works to generate tax free investment income. Calculate contribution room and learn to make the most out of the TFSA.

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