TFSA

YOU NOW HAVE A WAY TO EARN TAX-FREE INTEREST*
FROM YOUR ISRAEL BONDS

* Self-Directed TFSA eligible

With the introduction of the new Tax-Free Savings Account (TFSA) by the Federal Government, Canadian residents age 18 and older will be able to deposit up to CDN$5,000 per year without being taxed on investment income. Although there is no tax deduction for the assets that go in, the TFSA is extremely flexible and can be used to help meet both short and long-term investment goals.

Which Tax-Free Savings Account Can Hold State of Israel Bonds?

The new registered Tax-Free Savings Account (TFSA) allows you to make up to $5,000 contributions each year. If you are new to opening a TFSA account, you can contribute up to $20,000 this year!