USTips & advice to help you get started
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What is a TFSA (Tax-Free Savings Account)?
A Tax-Free Savings Account (TFSA) is a tax-advantaged savings plan in which you can save or invest up to $6,000 in 20201.
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TFSA vs RRSP. What's the difference?
Choose the right plan to help you reach your goals faster.
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TFSA contribution limits & withdrawal rules
Discover the benefits of flexible, tax-free withdrawals and penalty-free re-contributions.
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Taxation rules & investment holdings
Choose the right investment vehicle for you, from mutual funds to GICs, and more1.
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Ways to apply
Apply online
If you already have a TD Canada Trust account, you can fill out an application online.
Book an appointment
Meet in-person at a branch most convenient for you.
Call us
Our team is ready to answer your questions – and can assist you in opening an account.
1-888-568-0951 1-888-568-0951
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Learn More
The current lifetime contribution room is $81,500. This amount assumes that in 2009, you were 18 years of age or older and a resident of Canada, and you have never contributed to a TFSA. To determine your actual contribution limit, please visit the CRA website.