A Group Tax-Free Savings Account (TFSA) program is a collection of individual TFSAs administered by your employer. You make contributions to your TFSA directly from your paycheque.

Features and benefits:

• Convenient deposits through after-tax payroll deductions
• Tax-free growth on investments
• Tax-free withdrawals anytime (subject to product restrictions and potential withdrawal fees)
• Available for any purpose…not just retirement
• No age limit for setup or required age for withdrawal
• Carry forward options for unused contributions
• No impact on federal income tested programs (e.g., OAS, Canada Child Tax Benefit, Guaranteed Income Supplement)
• Easy access to a qualified Servus financial advisor to help you build a personalized financial plan
• Semi-annual or quarterly statements to keep you informed about savings performance
• Access to quality financial planning tools

Click here to start your Group TFSA today!