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Tax-free savings account (TFSA)

Get the most from your savings—tax-free

Putting your money in a tax-free savings account (TFSA) at Servus means you can invest without paying tax on the investment income you earn. It's 100% tax-free.

Choose our Tax-Free Growth Account, which allows you to take out money at any time without penalty. You may also opt to invest your account in other ways, such as mutual funds,* stocks, bonds or GICs.

Plus, deposits to your GIC or growth account TFSA are 100% guaranteed by the Credit Union Deposit Guarantee Corporation.

TFSA contribution limits

Year Contribution limit
2018 $5,500
2017 $5,500
2016 $5,500
2015 $10,000
2014 $5,500
2013 $5,500
2012 $5,000
2011 $5,000
2010 $5,000
2009 $5,000
TOTAL $57,500

Start saving today

To learn more about our investing services, make an appointment at your local branch.

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*Mutual funds are offered through Credential Asset Management Inc. and mutual funds and other securities are offered through Credential Securities Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured nor guaranteed, their values change frequently and past performance may not be repeated. Credential Securities Inc. is a Member of the Canadian Investor Protection Fund.

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