Can I have more than one of the tax free savings account TD introduced?

Author	Message
Written on: 20.12.2009 [15:39]
Maisie Maisie Topic creator Posts: 4	My husband and I thought that it would be a good idea to take advantage of the tax free savings account TD introduced last year by opening a few to cover our savings. Is this possible? We wouldn’t necessarily have to stay with TD if that was a problem.
Written on: 25.12.2009 [03:32]
Derek Derek Posts: 5	Good news and bad news im afraid! Good news: You can have more than one tax free savings account with TD or any other bank. Bad news: No matter how many accounts you have your limit will always be the same ($5,000) you cannot add extra just because you open more than one account. You have to keep within the limits so I doubt you will be able to put much of your savings in there, you are allowed one each!
Also very interesting: Tax-free national savings & investment accounts? Taxed income from savings? Tax rules for pensions contributions? New pensions & 2006 rules... Do I have to give notice to withdraw from a cash ISA (Halifax)? Can I withdraw from my tax free savings account (CIBC Bank)? Is the tax free savings account RBC offers available as a joint account? Can I have more than one of the tax free savings account TD introduced? Is there such a thing as joint tax free savings at CIBC? Overpaying the tax free savings RBC account: any charges?