Assurena Insurance Agency is an independent insurance brokerage agency that carries some of the best coverage options in the entire New USA.

Our Contacts

88 Centre Street North,
Toronto L4W 1C9
+1 (419)-507-0468
+1 (213)-345-0468

Working Hours

9.00 - 5.00
8.00 - 5.00
8.00 - 5.00
8.00 - 5.00
8.00 - 4.00

What is a What is a Tax-Free Savings Account (TFSA) ?

The TFSA, introduced in Canada in 2009, is not your typical savings account – it’s a game-changer! You can invest in cash, stocks, bonds, or GICs, all while enjoying tax-free earnings and withdrawals. It’s the smart way to grow your money.

Benefits of a TFSA:

  • Flexibility: Access your funds without withholding tax, making it ideal for short and long-term goals.
  • Tax-Free Growth: Invest in stocks, bonds, and more, with no taxes on your earnings.
  • Tax-Free Withdrawals: Take out your money tax-free, but be mindful of excessive trading.
  • Retirement Planning: Enjoy tax-free withdrawals, especially valuable for retirees with lower incomes.
  • Saving for a Home: Pair it with the First Home Savings Account (FHSA) for homeownership goals.

Who Can Open a TFSA? If you’re Canadian, 18 or older, and have a valid social insurance number, you can open a TFSA. Even if you leave Canada, you can maintain it without taxation on earnings, but watch out for certain conditions.

What is TFSA Best Used For? A TFSA is your financial magic box! Use it to save for major purchases, dream vacations, a home, a car, or a comfortable retirement. Your goals, your choice – it’s your secret weapon for financial success!

Ready to Unleash the Power of Your TFSA? Start Your Journey to Financial Freedom Today!

Tax-advantage Investment Products Available At Sure Insurance



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