TFSA Savings Account

Who should get this account?

Ideal for those who want to set money aside for various projects. The TFSA Savings Account gives you the flexibility of making tax-free withdrawals at any time. This account combines flexibility and good returns, and the rate varies with the balance maintained in the account.

You first have to register for a Tax-Free Savings Account issued and administered by Desjardins Trust and you need a Desjardins chequing account to open a TFSA Savings Account.

Use the Account and Plan Selector to find the account and plan that are best for you.

Features

Transactions	Deposits1, withdrawals, transfers permitted at all times. No minimum amount required.
Periodic Investment Plan	Make automatic transfers into your account. You decide how much and how often (minimum of $25 per transfer).
Interest	Paid monthly and non-taxable.
Monthly fees	No fees.
Account statement	Monthly statement of account included in the chequing account statement you receive by mail or online. Find out more about monthly statements of accounts.
Other	Desjardins Savings-Life Insurance available. Find out more about Savings-Life Insurance. Now available on AccèsD

	At the branch	Make an appointment with an advisor at a branch.

1.Maximum annual contribution: $5,000 in 2009; then, indexed to the inflation rate and rounded to the nearest $500 on a yearly basis.