Using your retirement savings
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TFSAs
Deposit any surplus income from a registered retirement income fund (RRIF).
TFSA - Make tax-free withdrawals
A TFSA is a registered savings plan that allows you to:
- save or invest tax-free
- save up money to carry out your plans
- cover unexpected expenses (rainy day fund)
- get tax-free investment income
- make non-taxable withdrawals
