Tax-free Savings Accounts: A Guide To Tfa's And How They Make You Rich by Gordon PapeTax-free Savings Accounts: A Guide To Tfa's And How They Make You Rich by Gordon Pape

Tax-free Savings Accounts: A Guide To Tfa's And How They Make You Rich

byGordon Pape

Paperback | January 13, 2009

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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 me...
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Title:Tax-free Savings Accounts: A Guide To Tfa's And How They Make You RichFormat:PaperbackDimensions:144 pages, 8.25 × 5.35 × 0.4 inPublished:January 13, 2009Publisher:Penguin CanadaLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0143171968

ISBN - 13:9780143171966

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Reviews

Rated 4 out of 5 by from Informative Straight forward and easy to comprehend information. Every young adult should read this.
Date published: 2017-09-29
Rated 4 out of 5 by from Excellent I am at a point in my life where I am extremely committed to investing and saving for my retirement. Of course, the TFSA is a new addition for us Canadians and I wanted to make sure that I really understood the concept and all the ins and outs of this plan. I wanted to make sure I got the best bang for my money. So, I went directly to the Canadian financial guru for my information and the Tax Free Savings Account book written by Gordon Pape is (as I knew it would be) the definite book on the subject. Pape, in his usual way, explains to all us layman the ins and outs of the TFSA account - documenting everything from its beginnings to implementation and more importantly, how the average person can best benefit from this new financial tool offered by the governement. As with any other investment tool, there are many different scenarios to cover and Papae does a wonderful job of explaining what is best - depending on your financial situation. He answered all of the questions I had and cleared up some ambiguity that I had towards some of the more intricate aspects of this plan. I like reading Pape's books because he manages to take something complicated and makes it easy to understand and easy to implement. This is not a large book - but it is loaded with valuable info.
Date published: 2009-03-01

Editorial Reviews

"The tax-free savings account is a can't-miss opportunity and Gordon Pape has written the definitive manual on how to use it."
—Rob Carrick, Personal Finance Columnist, The Globe and Mail

"Gordon Pape's explanation of Tax-Free Savings Accounts is informative and easy to grasp."
—John Lawrence Reynolds, author of The Naked Investor