A smart way to save

The contribution room available in a TFSA is in addition to the contribution room allowed under a registered retirement savings plan. While TFSA contributions are not tax deductible, they still provide an excellent opportunity to increase retirement savings.

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Features and Benefits of a Link Group TFSA

  • Group TFSAs are easy to manage
  • Supplement employee benefits
  • Effective way of helping employees reach their financial objectives
  • Employer contributions can lead to a motivated and loyal workforce
  • Contributions are not locked in
  • Withdrawals may be re-contributed in subsequent years
  • Can be used as collateral on a loan
  • Do not have any tax impact on estates
  • Tax free earnings on investments within the TFSA
  • Great flexibility to manage short and mid-term savings
Financial Wellness Benefit Plans

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