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Tax-Free Savings Calculator

Tax-Free Savings accounts are flexible, robust and designed to help make your savings dreams a reality. Even better, you do not pay taxes on the interest you earn. Use our calculator to see how your investment can grow and how much tax-free interest you can earn over a variety of terms.

Starting balance

Contribution amount

Contribution frequency

Number of contribution years

Annual rate of return (%)

Annual income

Tax-free investment savings:

Taxable account total:

TFSA total:


Please note: The calculations used are for illustration purposes only and are based on an average 30 day month (365 day year).