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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. Mutual funds and other securities are offered through Credential Securities, a division of Credential Qtrade Securities Inc. Credential Securities is a registered mark owned by Aviso Wealth Inc.

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