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What is a tax-free savings account?

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30th Nov 2009 by Mark P. Cussen, CFP, CMFC

A tax-free savings account is an account where the investment income generated is exempt from income taxes. Roth IRAs are prime examples of tax-free savings accounts. Health Savings Accounts and Archer Medical Savings Accounts also fall into this category.

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29th Nov 2009 In Investing 1 Answers | 131 Views
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