Investment Account (non-registered)
Your investment account is used for your non-registered investing and trading needs. Your account can hold a variety of investments including stocks, bonds, mutual funds, GICs.

Tax-Free Savings Account (TFSA)
The TFSA is a registered savings account that lets Canadians earn investment income tax-free to meet a variety of savings needs. So, neither the income generated nor the funds withdrawn are taxed. And, withdrawn funds can be deposited back in to the account at anytime in the future.

Although, contributions are not tax-deductable, a wide range of investments can be held in the account including stocks, bonds, mutual funds and GICs. Canadian residents, age 18 or older, can contribute up to $5,000 annually in to the account and can carry-forward any unused contribution room to future years.

The TFSA complements existing registered savings plans like the RRSP and RESP. 

Since neither the income earned nor withdrawals are taxable, it does not affect eligibility for federal income-tested benefits and credits such as Old Age Security, Guaranteed Income Supplement benefits and the Goods and Services Tax Credit.

	Registered Retirement Savings Plan Registered Educations Savings Plan Registered Income Fund

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