TD Canada TFSA Plan

So one of last major banks is TD Canada Trust and I found its TFSA page located at http://www.tdcanadatrust.com/invest/tax_free.jsp. For the most part, the information on the site is extremely general. It seems like the complete opposite of the previous bank site I visited where this bank doesn’t seem to be trying too hard in attracting TFSA clients from what I see.

I wasn’t able to really find too much details about the account either if you decide to open one through this bank as they simply link to the official government site for the most part. Although, TD bank usually have these deals such as getting free items for opening accounts, so maybe they will introduce that in the launch date.

2 Comments

arthur tompkins  on January 1st, 2009

do you have to have a earned income like you
do with an rrsp?

TFSA  on January 1st, 2009

Arthur,

It’s not based on your income like an RRSP. Based on the information available now, the contribution limit for a TFSA is $5000 for anyone 18 years or older.

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