How it works
When you open a TD Canada Trust TFSA, a High Interest TFSA Savings Account is automatically opened within the plan at the same time. This gives you the option of investing in the High Interest TFSA Savings Account, as well as TD GICs. You'll enjoy the benefits of tax-free growth on the money you hold
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You can re-contribute amounts withdrawn in the year or years after you withdraw them.
Find out how much you can save with a TFSA
Benefits of Banking With TD
Pre-authorized Transfer Service
Simply Save Program
TD App
TD MySpend
TD Mobile Deposit
Online Statements
Additional Account Details & Terms Information
Find out more about opening a TD account with helpful resources and information.