tag:blogger.com,1999:blog-37378399.post7929418323033955..comments2008-06-09T14:18:52.990-04:00Comments on Canadian Money Review: no TFSA?Ottawa Guyhttp://www.blogger.com/profile/12558527698737914440noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-37378399.post-63669460312319670522008-06-09T14:18:00.000-04:002008-06-09T14:18:00.000-04:00I agree that the best aspect of a TFSA is that it ...I agree that the best aspect of a TFSA is that it shines on Savers.<BR/>IF the final structure of the TFSA is simple and user-friendly,.... the function will be very useful to everyone. <BR/><BR/>The TFSA will encourage saving for large pruchases and be a valuable emergence fund. Not only that it will be an optimal account for 'non-registered' retirement savings as all growth is non-taxable. As well, withdrawls are non-taxable, do not trigger claw-backs of other income, and create room within the account that can be refilled.<BR/><BR/>I am optimistic about the role of the TFSA to encourage the creation of wealth among Canadians.Assetologisthttp://www.assetology.comnoreply@blogger.com