- All interest earned is tax free.
- Transfer your existing TFSA from other Financial Institutions.
- 2018 Contribution limit is $5,500
- Total Cumulative contribution room is $57,500
You can still make your TFSA deposits in a variety of ways. You can choose to make your contribution as one lump sum. You can have an automatic deposit made to your TFSA from your payroll or account on a regular basis. You can also transfer your TFSA funds to the Energy CU from another institution. Please touch base with a TECU staff member to see how easy it can be to earn 3.15%. If you have any questions about how you can maximize the rate you are receiving for your TFSA please do not hesitate to contact our offices at 416-238-5606.
*Some conditions apply.