Unity Life of Canada is now offering Foresters Annuity Plus Tax-Free Savings Account (TFSA), the two companies announced Thursday.

The Annuity Plus TFSA offers investments as a daily interest account and a guaranteed interest account with a choice of investment terms from 1 to 10 years.

“Unity Life and Foresters have once again expanded their product line to include the latest registered savings plan, the TFSA, that helps consumers build savings faster than in a regular bank or investment account because no tax is payable on the investment earnings,” says Rob Baboth, Unity Life’s vice president, sales and marketing. “In addition to increased savings, Annuity Plus TFSA offers account holders the added value of Foresters membership which includes complimentary member benefits, such as scholarships, family events and community involvement.”

The Annuity Plus TFSA is the latest addition to Foresters Annuity Plus product portfolio that includes registered and non-registered savings plans, choice of guaranteed interest rates and frequency of contribution. The Annuity Plus products are underwritten by Foresters.

IE