Plan Highlights

  • Tax-free growth
    You don’t pay taxes on the investment income or growth earned in your TFSA.
  • Contribute up to $6,0001 a year
    Any unused contribution room is carried forward to the next year.
  • Tax-free withdrawals
    You don’t pay taxes on any withdrawals from your TFSA.
  • You can put back any amount you withdraw2
    You can re-contribute amounts withdrawn in the year or years after you withdraw them.

Resources to help you get started

  • What is a TFSA?

    A Tax-Free Savings Account (TFSA) is a registered tax-advantaged savings account that can help you grow your money, tax-free.

  • TFSA Contribution & Withdrawal Rules

    Find out how much you can contribute to your TFSA account, annually, and review the rules on making TFSA withdrawals.

Find out how much you can save with a TFSA

Use our TFSA calculator to find out how your investments could grow tax-free compared to a taxable account.

Benefits of Banking With TD

Pre-authorized Transfer Service

You can decide how much you want to save and how often. Learn more.

Simply Save Program

Automatically help grow your savings every time you use your TD Access Card. Learn more.

TD App

The TD app lets you bank and trade securely whenever you want. Learn more.

TD MySpend

Paired with the TD app, TD MySpend keeps track of your monthly spending and can help improve spending habits. Learn more.

TD Mobile Deposit

Enjoy the convenience and flexibility of depositing cheques as soon as you receive them. Learn more.

Online Statements

Sign up for email notifications to let you know when your online statements are ready for viewing. Learn more.

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