Use our tax-free savings account (TFSA) calculator*

Whether it’s for short or long-term savings, discover the power of tax-free growth with a TFSA.

Enter up to $95,000 which is the maximum contribution limit in the year 2024 if you have never contributed before.*

Have questions? 

Check out our TFSA FAQs for more information

Advice+ features

Get the right advice to help you make the most of your money

What is a TFSA?

Your guide to a Tax-Free Savings Account and how they can help you save for your goals.

Contributing to your TFSA in 2024 - What you should know

Learn about contribution room, over-contributing, carry-over and more.

TFSA withdrawal rules

If you've been setting aside money in a Tax-Free Savings Account (TFSA) and you've met your goal, it's time for the next step in the process — withdrawing your funds.

Open your TFSA today

Online

Log in to Scotia OnLine® or Scotia iTRADE® to open your account

By Phone

(Canada/USA)
Mon-Fri (9am-8pm)

In Person

Visit your Scotiabank branch