Introduced in the 2008 federal budget, the Tax-Free Savings Account will be implemented in 2009 and is poised to shake up up how Canadians can manage their savings and investment income. The Department of Finance calls it "...a flexible, registered general-purpose account that will allow Canadians to earn tax-free investment income...", which sounds great, but how will it work? We have a new feature article called A Wealth of Choices: Understanding the New Tax-Free Savings Account provided by Bennett Gold LLP, Chartered Accountants that will address that very question.
Read on to learn about how the Tax-Free Savings Account stacks up in comparison to RRSPs and how it can impact the way you handle your finances.
Find more Canadian deals at RedFlagDeals.com
Read on to learn about how the Tax-Free Savings Account stacks up in comparison to RRSPs and how it can impact the way you handle your finances.
Find more Canadian deals at RedFlagDeals.com
