Tax Free Savings Accounts

A tax-free way to build your savings.

We know that life can be tough. You deserve a secure financial future for yourself and your family. A tax-free savings account is the way to help you get there.
Many people don't know the benefits of a tax-free savings account. Tax-free savings accounts allow you to earn interest on your money without paying taxes on the interest. TFSAs are an excellent option for building up your savings and helping you achieve the financial security you deserve. All Canadians 18 years old or older are eligible for a TFSA account. You can contribute up to $6000 each year tax-free!
It's important to remember that tax-free savings accounts differ from regular savings accounts. In a regular savings account, you're taxed on the interest you earn every year. But with a TFSA, every penny of interest you earn is yours—as long as it stays in the account! A TFSA is a perfect way to help ensure that you have a secure financial future. They are also a great way to save for a home, pay off debt, or build an emergency fund.
You deserve a safe place to save your money, and that's exactly what a Canadian tax-free savings account can provide. Flourish Financial Solutions can help you set up a tax-free savings account so that it's ready when you are—and we'll also ensure that your money stays safe while it grows. We'll help you set up a TFSA so you can meet your needs and goals so can start saving for whatever comes next.