Enjoy a flexible, tax-free and secure investment option.

With the new Tax-Free Savings Account (TFSA) introduced by the Federal Government, you^† can now save an additional $5,000 per year without being taxed on the earnings. What's more, you can use your TFSA to invest in RBC Guaranteed Investment Funds (GIFs), which offer the growth potential of mutual funds plus the security of principal guarantees.

Key Benefits of the Tax-Free Savings Account:

	Contribute up to $5,000 per year, even without earned income
	Build your savings faster—investment earnings are tax-free
	Withdraw money for any reason, without being taxed
	Re-contribute withdrawn funds in subsequent years, if desired
	Carry forward unused contribution room indefinitely

Frequently asked questions about TFSAs

Why choose RBC Guaranteed Investment Funds for your TFSA?

If you want to save your money and reduce taxes through a TFSA, RBC GIFs provide a solid choice to meet your needs. Also known as segregated funds, RBC GIFs are insurance products offered by RBC Life Insurance Company. Investing in RBC GIFs within your TFSA can provide many benefits, including:

• Capital preservation
• The ability to bypass estate probate
• Potential creditor protection
• Growth potential similar to mutual funds
• Tax minimization
• And much more

For details on this powerful TFSA investment option, visit our Segregated Funds section.

Ready to learn more?

There is confidence in knowing that your assets are well invested and well protected. Talk to your advisor today to see how an RBC GIF TFSA can help you meet your short- and long-term savings goals.

Don't have an advisor? Call us at 1-866-223-7113 or find an advisor near you.

^† Canadian residents age 18 and older. The age of majority is 19 in certain provinces and territories.

Information about the Tax-Free Savings Account is based on what is currently available from the Canadian government.

This information is being provided for general information purposes only and the contents should not be relied upon as containing specific financial, investment, tax or related advice. Clients must seek their own independent advice.

Any amount that is allocated to a segregated fund is invested at the risk of the contractholder and may increase or decrease in value. RBC Guaranteed Investment Funds are segregated funds and are referred to as individual variable annuity contracts. RBC Life Insurance Company is the sole issuer and guarantor of the guarantee provisions contained in these contracts. The underlying mutual funds and portfolios available in these contracts are managed by RBC Asset Management Inc. When clients deposit money into a RBC Guaranteed Investment Funds contract, they are not buying units of the RBC Asset Management Inc. mutual fund or portfolio and therefore do not possess any of the rights and privileges of the unitholders of such funds.