TFSA Account Assignment

posted Apr 4, 2013, 8:38 AM by Unknown user
Your assignment today was to choose a bank, and research their offering for Tax Free Savings Accounts. Then, you were to answer the following questions:

1) How does a TFSA Work?
2) What are some of the conditions (or limitations) to using a TFSA (there are 5)
3) How can you use a TFSA to make investments?
4) What are the benefits of using a TFSA to make investments over using a regular RRSP or a taxed account?