Philip Stavrou, CTV.ca NewsIf you've visited your local bank lately you've probably been asked if you'd like to open a Tax-Free Savings Account (TFSA).
The new account offers Canadians a vehicle where they can deposit up to $5,000 annually without paying taxes on the interest earned.
TFSA holders must also consider how they want to invest their cash -- through an interest-earning savings account or through higher-risk choices such as stocks that could provide better returns.
Read More From Philip HERE
Your first resolution: Open a tax-free savings account
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