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For a Better Savings Account, Look Up To Canada

http://www.mint.com

Since January 2009, Canadian residents have been eligible to open Tax-Free Savings Accounts (TFSAs). They work almost exactly like Roth IRAs: you contribute after-tax dollars, and all withdrawals are tax-free. All Canadians 18 and older can contribute up to $5,000 (Canadian) a year to a TFSA, and you can stuff it with a variety of investments: regular savings accounts, CDs (called GICs in Canada), and mutual funds.

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libertyshepherd's picture
Created by libertyshepherd 4 years 11 weeks ago
Category: Money   Tags:

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