Tax free savings accounts – when are they appropriate?
31 January 2017
It is often said that there are no right or wrong investments but rather appropriate and inappropriate investments. Much has been written about Tax Free Savings and Investment Accounts (TFSA) and there was considerable excitement when these vehicles were first launched. While they do offer novel benefits, as with any other investment vehicle, they are designed for a specific purpose and should not be viewed as a one-size-fits-all solution.