Tax-free Savings Accounts

This may be of the most important little investment book you'll ever read! Financial expert Gordon Pape explains the new Tax-Free Savings Account (TFSA)-the powerful new personal savings vehicle for Canadians - and provides a range of strategies that you can use to add thousands of tax-exempt dollars to your personal wealth.

As of January, 2009, everyone 18 and older can contribute to a TFSA and start building your tax-free investments. This indispensible primer will help you get started on meeting your financial goals with the most valuable new savings program since the introduction of RRSPs more than 50 years ago. Pape clearly explains everything you need to know about Tax-Free Savings Accounts including:

 • The advantages of a TFSA
 • Contribution rules and limits
 • The best investments for a TFSA
 • TFSAs or  RRSPs?
 • Withdrawing money from a TFSA
 • Using TFSAs for income splitting
 • Tips to maximize tax savings
 • How TFSAs can benefit retirees

Gordon Pape is Canada's best-known financial author and the publisher of four investment newsletters, including The Income Investor, Mutual Funds Update, and the Internet Wealth Builder. He has authored or co-authored over 40 books and has spoken at hundreds of seminars in Canada and the United States. He is frequently quoted in the media and is a popular guest on radio and television shows. His website is located at www.buildingwealth.ca.