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Message: From the Discussion Board

TFSA = Tax Free Savings Account.

Any funds in or generated within your TFSA is Tax Free. In fact I believe you could remove any amount (even 1 Million dollars) from your TFSA tax free and still be allowed to put any amount up to the 1 Million dollars back into your TFSA. Or of course you could re-invest it anyway you want as it is treated the same as money you have already paid the taxes on.

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