- All interest earned is tax free.
- Transfer your existing TFSA from other Financial Institutions.
- 2019 Contribution limit is $6,000
- Total Cumulative contribution room is $63,500
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 2.65% or 3.15% on your TFSA investment. 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.