Why a TFSA?
A TFSA allows you to earn tax-free interest and investment income as you build your savings for the long, medium or short term.
Unlike an RRSP, which is not meant to be accessed until your retirement, a TFSA allows you to withdraw your savings if the need arises, without paying tax. Plus, you can re-contribute the amount of your withdrawal the very next year.
Speak with a CIBC financial advisor about how a TFSA can help you meet your savings and investment needs.
Or follow the link below and find out more about making the most of your TFSA.