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I have heard that seniors and pensioners can take advantage of the new Tax-Free Savings Account (TFSA). Where can I get more information?

April 26, 2017advantage heard pensioners savings account Seniors tax-free tfsa

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I have heard that seniors and pensioners can take advantage of the new Tax-Free Savings Account (TFSA). Where can I get more information?

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The TFSA provides seniors with an effective means to save in retirement, even after they are required to convert their registered retirement savings into a Registered Retirement Income Fund (RRIF). For more information, contact the Canada Revenue Agency. You can visit their website at www.cra.gc.ca/seniors. They can also be reached by telephone at 1‑800‑959‑8281.