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
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