Financial Planning: My Love Affair with Tax Free Savings Accounts

Hi, my name is Taivi Tayler and I am a practicing Certified Financial Planner & Wealth Manager and I work with people all over the Province of Ontario.

I think my husband might be getting a bit jealous.

In fact he accused me of being in love with the Tax Free Savings Account -weird right?

Maybe he’s right? TFSAs are my HANDS DOWN, WITHOUT A SHADOW OF A DOUBT, FAVOURITE TYPE OF INVESTMENT ACCOUNT.   

Here is why I love them...



100% of the investment growth is tax free, forever. FOREVER! 

Let’s say you contributed $10,000 to your TFSA. You invested smart, and the account value goes up to $15,000. You decide to go on vacation and decide to take that $5000 of growth out.

Go for it! Enjoy your vacation! Take that $5k and spend it as you like. It’s TAX FREE.  There is literally no other investment account that you can draw from that will not have a taxable impact. This is the only one.

Contact us to find out how we can keep your wealth management strategy tax efficient. Plan, protect, and grow your wealth with Tayler Insurance & Estate Planning.