What are the conditions to open a TFSA (Tax-Free Savings Account)?

Allan Madan, CA

Mar 20, 2013

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Three conditions must be met:

You must be an individual who is over the age of 18
You must have a Canadian social insurance number
You must be a resident of Canada

Disclaimer

The information provided on this page is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided on this page.

ABOUT THE AUTHOR

ALLAN MADAN

CA.CPA.CGA

Allan Madan is a CPA, CA and the founder of Madan Chartered Accountant Professional Corporation. Allan provides valuable tax planning, accounting and income tax preparation services in the Greater Toronto Area.

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