TFSA definition

TFSA means a tax-free savings account within the meaning of the Tax Act;
TFSA means a tax-free savings account as defined in the Tax Act.
TFSA means a tax-free savings account as described in the Income Tax Act (Canada).

Examples of TFSA in a sentence

  • Once the transfer is issued, we no longer have any further liability or duty to you for the TFSA Assets transferred.

  • The Trustee will exercise the care, diligence and skill of a reasonably prudent person to minimize the possibility that the Account holds a non-qualified investment (as defined under the Act) for a TFSA.

  • The primary purpose of the TFSA is to accumulate and invest funds for savings and investment purposes.

  • We acknowledge that we are ultimately responsible for the administration of the TFSA.

  • No change to this Trust Agreement (including a change calling for the Trustee’s resignation as trustee or the termination of the trust created by this Trust Agreement) will be retroactive or result in the Account not being acceptable as a TFSA under the Applicable Laws.


More Definitions of TFSA

TFSA means a tax-free savings account.
TFSA means a tax-free savings account as described in the Income Tax Act (Canada). 1.1.1 In this Instrument, in Alberta, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan
TFSA means a “tax free savings account” as defined under the Tax Act.
TFSA means a tax free savings account, which is a “qualifying arrangement” (as that term is defined in the Tax Act) the issuer of which has elected, in the form and manner prescribed by the Tax Act, to register as a TFSA; and
TFSA means a trust governed by a tax-free savings account, as defined in the Tax Act.
TFSA means a tax-free savings account as described in the Income Tax Act (Canada). Interpretation of indirect interest
TFSA means a tax-free savings account within the meaning of the Tax Act; “Trading Day” means a day on which a session of the TSX is held;