Saving and Investing with a TFSA | CIBC Investor's Edge

Tax-Free Savings Account (TFSA)

Start saving tax-free today with a TFSA

A Tax-Free Savings Account (TFSA) is designed to meet your short- or long-term investment goals.

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Benefits of TFSAs

A Tax-Free Savings Account (TFSA) helps you grow your money faster because you don’t pay taxes on the interest or investment income you earn. CIBC Investor’s Edge gives you the tools and support you need to start saving today.

Get tax benefits by earning investment income, tax-free.

Access your money any time with tax-free withdrawals and the freedom to re-contribute previously withdrawn amounts in the next calendar year.

Save for a variety of goals. Travel, car, home renovation? Up to you!

Are you eligible for a TFSA?

You're eligible if you live in Canada, you're the age of majority, and have a valid Social Insurance Number (SIN).

Here’s why Investor’s Edge has the edge

Wide variety of investment choices, from stocks and ETFs to options

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Power up your trades with our tools and research

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Pay just $6.95 or less per online stock or ETF trade

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Resources

We’re here to help with more information on TFSA investments.

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All you need to know about TFSAs

Learn more about your Tax-Free Savings Account (TFSA) and how to use it wisely.

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Frequently asked TFSA questions

What is a TFSA?

How is a TFSA different from a savings account?

What is contribution room?

Who is eligible for a TFSA in Canada?

What are more benefits of a TFSA?

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