TFSA en · NOUN
Meanings
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(Canada, abbreviation, alt-of, initialism) Initialism of tax-free savings account.
alt of tax-free savings account
If your teenager is turning 18 this year, give them the best gift ever: a tax-free savings account. Go online and guide them through the process of opening a TFSA. Then, get them started by giving them their first contribution. For teenagers, the benefit of having a TFSA isn't so much about the tax savings — it's much more about exposure to financial products and developing a savings and investing habit.
2025 December 29, Anita Bruinsma, “Three financial lessons to teach your teens in 2026”, in The Globe and Mail, page B9:
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| TFSAs | Number=Plur | lexicographic |
Coordinates
TESSA · RRSP · RESP · FHSA · HSA · RRIF
Hypernyms
Translations (1)
fr CELI (Translations)