TAX FREE SAVINGS ACCOUNTS REVISED EDITION
HOW TFSA'S CAN MAKE YOU RICH
Tax-Free Savings Accounts are the most powerful investment option for Canadians since the introduction of RRSPs more than a half-century ago. They offer an opportunity for even modest-income earners to amass a small fortune over time— and perhaps even attain millionaire status. But they have to be managed properly.
Gordon Pape wrote the first book on TFSAs ever published in Canada, and it became a huge bestseller. Now he’s back with a completely revised and updated edition to help you get the most from your TFSA and show you how to choose the best TFSA for your needs, if you don’t yet have one. With details of rule changes, suggested investment strategies, and dangers to watch out for, Tax-Free Savings Accounts shows you how to maximize your investment, correctly manage withdrawals, and successfully understand fees so you won’t get hit with unexpected charges. With Pape’s trustworthy advice, you can confidently
• choose the best TFSA investment plan for your needs
• ask the right questions when opening an account
• get informed about model portfolios
• maximize your tax savings
• use a TFSA to get a loan … and much more!
“The definitive TFSA owner's manual. I use it myself.”
— Rob Carrick, personal finance columnist, The Globe and Mail
“The tax-free savings account is a great innovation. But because of the complex rules, some people don’t use it or use it improperly. I’m glad to see Gordon Pape devote his prodigious energy to explaining TFSAs clearly. The result will be more tax savings by Canadians.”
— Ellen Roseman, personal finance columnist, Toronto Star
“The TFSA is an invaluable gem for Canadian investors, and so is Gordon Pape, who guides readers to certain wealth in uncertain times. This book is a must-read!”
— Evelyn Jacks, best-selling tax author and President of The Knowledge Bureau
Gordon Pape is one of Canada’s leading personal finance experts and the author of several books, including the bestseller Retirement’s Harsh New Realities. He lives in Toronto.