Tax-free savings account

Can I transfer my Tax-Free Saving Account from one provider to another?

Yes you can transfer your Tax-Free Savings Account from one provider to another.

Keep in mind that such a transfer can only be made between service providers. You cannot withdraw your money from one Tax-Free Savings Account and deposit it into a another Tax-Free Savings Account.

Such action would be seen as a withdrawal, and any reinvestment would then count toward your annual and lifetime allowances.

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