TFSA Calculator
Author: Ontario Securities Commission
Topic: Asset building and saving
Publisher: Ontario Securities Commission
Location: Canada, Ontario
Format: Online tool
Content Type: Tools
Publication Date: December 1, 2022

A Tax-Free Savings Account (TFSA) can be used to save for any goal. You put after-tax dollars into a TFSA, but your investments grow tax-free and you won’t pay any tax on withdrawal. 

Use this calculator to estimate the value of the investments in your TFSA when you’re ready to withdraw them, and compare this amount to the value of your investments in a non-registered plan to see your overall estimated tax savings.

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