Oasis Director, Bint Nur Ebrahim, shares why starting a Tax-Free Savings Account (TFSA) for your child from birth is an ideal long-term investment. With consistent contributions and the benefit of time, it can become a meaningful financial gift— enabling them to enjoy the full value, entirely tax-free. Click the link in our bio to watch the full interview. #OasisCrescentSA #TaxFreeSavings #BuildTheirFuture Disclaimer: Collective Investment Schemes are generally medium to long term investments. P

A TFSA is neither tax-free nor a savings account. 6 common myths

POV: TFSA - Who can open this account? Anyone who is a resident of Canada, at least 18 years old, and has a valid Social Insurance Number (SIN) can open a Tax-Free Savings Account (TFSA). There is no income requirement to open a TFSA. Age: Must be 18 years of age or older (or the age of majority in their province of residence, which is 19 in some provinces). Residency: Must be a resident of Canada for income tax purposes. Identification: Must have a valid Social Insurance Number (SIN). #TFSA Dis