Withdraw whenever you need to

Take money out of your TFSA any time, hassle-free. The withdrawn amount is added back to your contribution room the following year.

Save without restrictions

Use your TFSA to save for a home, education, or any big life expense. There are no limits on how you use the funds.

Unlimited carry-over

If you don’t use up all of your contribution room, it will carry forward to the next year indefinitely. For 2025, you can contribute up to $7,000 plus any unused contribution room from previous years.

18+

The age of eligibility for a TFSA. Unlike other investment accounts, you won’t need to convert a TFSA after a certain age.