Tax Free Savings Account (TFSA)
Tax-free returns at Ontario Educational Credit Union.
You can save tax-free and still have the flexibility to withdraw
your savings at any time*, for any purpose – it’s your choice.
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Contribute lump sum or through payroll deduction.
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Choose from a range of investments like our High Interest
Savings Account, GICs and mutual funds**.
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All
the income (interest, dividends and capital gains) earned in
your OECU TFSA are tax-free for life.
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You
can withdraw from your TFSA at any time, for any reason and all
withdrawals are tax-free.
You’ll be surprised at how much you will save and how quickly your
tax-free savings can add up.
*certain conditions may apply
TFSA FAQ's |
TFSA Calculator
**Mutual
funds are offered through Credential Asset Management Inc. Unless
otherwise stated, mutual fund securities and cash balances are not
insured or guaranteed and are not covered by the Canada Deposit
Insurance Corporation or by any other government deposit insurer
that insures deposits in credit unions. Their values change
frequently and past performance may not be repeated.
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