Product Description:
Canadian residents aged 18 years or older are be able to contribute up to $5000 per year into a TFSA, regardless of their earned income.
Canadian Western Trust's Self-Directed TFSA offers even more flexibility by allowing clients to hold a full range of investments in one consolidated account.
Product Information:
- Contributions will not be tax-deductible, but any investments within the TFSA will grow tax-free.
- Any unused contribution room can be carried forward to future years and any amount withdrawn from a TFSA can be re-contributed in a future year without reducing contribution room.
- All withdrawals are tax-free and can be used for any purpose.
Canadian Western Trust Self-Directed TFSA Features:
- FREE FundSERV eligible trades
- FREE GIC purchases
- FREE Online access to the account via CWeb
- FREE Annual electronic statements
- Consolidation of all eligible investments in one account
- All RRSP-eligible investments can be held within a CWT Self-Directed TFSA
- Ability to make in-cash and in-kind RRIF payments to the TFSA for further tax-sheltering
For More Information:
- Download a copy of the CWT Self-Directed TFSA Application.
- All other transaction fees may apply as per our fee schedule. For more information or to request a fee schedule, please contact us.