TFSA Calculator

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.



How income tax works

Filing your taxes might be one of the most important financial actions you’ll take each year. It can also feel confusing or stressful at times. 

Find out more about how income tax works, including tax deductions and tax credits using the Ontario Securities Commission's interactive chart to see what tax bracket you are in.