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In 2009, the Canadian government introduced a Tax-Free Savings Account (TFSA) as a new, tax-sheltered investment account for Canadians. According to a recent BMO survey, about 44 percent of Canadians are currently using a TFSA. Despite this, many of them are still confused about exactly how TFSAs work – and how they differ from RRSPs. Check out some of the things you should know about TFSAs in my new article on GoldenGirlFinance.com: http://bit.ly/uQZioW
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