Tax-Free Savings Account - Similar Accounts in Other Countries

Similar Accounts in Other Countries

The TFSA is similar to Roth IRAs in United States. In the UK, similar tax advantages have been available in Individual Savings Accounts since 1999.

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Famous quotes containing the words similar, accounts and/or countries:

    We cannot feel strongly toward the totally unlike because it is unimaginable, unrealizable; nor yet toward the wholly like because it is stale—identity must always be dull company. The power of other natures over us lies in a stimulating difference which causes excitement and opens communication, in ideas similar to our own but not identical, in states of mind attainable but not actual.
    Charles Horton Cooley (1864–1929)

    The mystical nature of American consumption accounts for its joylessness. We spend a great deal of time in stores, but if we don’t seem to take much pleasure in our buying, it’s because we’re engaged in the acts of sacrifice and self-definition. Abashed in the presence of expensive merchandise, we recognize ourselves ... as supplicants admitted to a shrine.
    Lewis H. Lapham (b. 1935)

    Our democracy, our culture, our whole way of life is a spectacular triumph of the blah. Why not have a political convention without politics to nominate a leader who’s out in front of nobody?... Maybe our national mindlessness is the very thing that keeps us from turning into one of those smelly European countries full of pseudo-reds and crypto-fascists and greens who dress like forest elves.
    —P.J. (Patrick Jake)