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Financial Advisor Zone
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The New Tax-Free Savings Account

At Acuity Funds Ltd., we are committed to keeping our investors aware of their options for savings.

Starting in January 2009, Acuity will offer the new Tax-Free Savings Account (TFSA) - a registered account where Canadian residents age 18 or older will be eligible to initially contribute up to $5,000 per calendar year without being taxed on investment income or capital gains earned in the account. Contributions are not tax deductible and withdrawals are tax-free.

Please click on the following links to learn more about the new TFSA:

Frequently Asked Questions - (link to Q & A pdf)

Visit the Canadian Revenue Agency website

For more information, please contact your financial advisor or contact our client services department at 416.366.9933 or 1.800.461.4570.