Tax Free | Tax Free Savings Account Info.com


Your Income Range

Regular Investment
$
Rate of Return

Lump Sump
$
Term of Investment
(In Years)



For illustrative purposes only, not for financial planning. Please read the assumptions.

Tfsa Information

Posts Tagged ‘tax free’

Important TFSA News, Resources and Links

May 4th, 2009

Every day more and more Canadians are learning about the Tax Free Savings Account (TFSA) every day. ING Direct says about 170,000 customers have signed up since early October. At RBC Direct Investing in Toronto, Donna Nelson says more than 2% of the company’s clients opened TFSAs in the first two weeks of January — an impressive number considering RBC Direct Investing is one of Canada’s leading online brokerages.

Have you just heard about the TFSA now? Don’t worry, many people are just learning their way around as well. If you are looking for a short list of great resources on the Tax Free Savings Account (TFSA) then look no further. We have compile the following list as a go-to resource and reference for you. If you know of a valuable site that would benefit others and want us to add it, feel free to drop us a line and let us know.

Top TFSA Resources and Links

http://taxfreesavingsaccountinfo.com/tfsa-resources/

Resources | brochure, links, Resources, tax free, Tax Free Savings Account, Taxes, TFSA | No Comments »

CNSX now approved for Tax Free Savings Accounts

March 26th, 2009

If you own a Stock on the CNSX you will be pleased to hear that the Canadian National Stock Exchange has been added to the list of “Designated Stock Exchanges”, allowing securities listed on the exchange to automatically be eligible for registered accounts such as RRSPs and Tax-free Savings Accounts, CNSX Markets Inc. said Tuesday.

The designation, made by federal Finance Minister Jim Flaherty, came into effect on Jan. 1, under the Income Tax Act.

CNSX says it is the first stock exchange to achieve this designation since the new criteria and process were announced in July 2008. Accordingly, CNSX will be added to the list of designated exchanges posted on the Department of Finance Web site.

“This designation levels the playing field among stock exchanges in Canada and means that CNSX is competitive in all respects, including allowing investors the ability to buy and hold CNSX-listed securities in their RRSPs and their TFSAs, just as they do with other securities. Along with CNSX’s listing cost advantages and streamlined regulatory model, this will encourage more companies to choose to list on CNSX,” said Rob Cook, president of CNSX.

Article Source