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Tax Free Savings Account (TFSA)

Tax free Savings Account (TFSA)

A TFSA is a registered investment account in which all interest is earned completely tax free! Deposits are made with after tax income so you won’t get a deduction for deposits like you would an RRSP, but when you withdraw money from a Tax-Free Savings Account you don’t pay tax (I promise this is not too good to be true)! Anyone can open a TFSA as long as they are 18 or older. A TFSA is an excellent short- and long-term investment vehicle.
Each year you are given $5,000 to $10,000 worth of new contribution room, the amount depends on how generous the government of Canada is feeling. Since these accounts are monitored closely by the Government of Canada, it is important to ensure you don’t overcontribute and we will always ask you to double check online or with your accountant what your exact amount of contribution room is before we make the maximum deposit to your TFSA.
We make opening these accounts easy, as we can do all the paperwork electronically so you can open the account literally from the comfort of your living room, while you are driving between job sites, or from your office in between meetings.

Authorized distributor for The Canada Life Assurance Company, Equitable Life Insurance Company, The Manufacturers Life Insurance Company, Pacific Blue Cross, Sunlife and Benecaid. Manulife & Stylized M Design, and Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license.



Advantage Pacific Benefits Consultants specialize in setting up and managing high quality, cost effective, sustainable Group Benefits Plans and Group RRSPs for businesses of all sizes in all sectors.

We also provide administrative services to all our clients at no extra cost, these services include processing new member enrollments, member terminations, beneficiary designations, maintaining all member files, and being available to all plan members to answer questions and help with claims submissions.

We also have internal insurance experts and strategic partnerships with independent portfolio managers to meet any person or businesses need for Investments, Life/Critical Illness/Disability, or Business Overhead Insurance.


Phone: 778-349-8774

[email protected]

1244 4th Ave,
Prince George, BC, V2L 3J4

Monday – Friday: 8:30 AM – 4:00 PM
Saturday: By Appointment
Sunday: Closed
After Hours Appointments Available by Request

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