At what age can you open a TFSA in Ontario? At the age of majority, which is 19 . 18 When you have earned income 21 Question 8 (1 point) Pierre put $5,000 in his TFSA every year for 15 years. The account now has a balance of $107,900. Now he wants to start a new business and takes out $50,000. What percentage of tax has he paid on the investment income? 0% 10% 20% 30% If Pierre takes out $10,000 out of his TFSA, how much of the $10,000 is taxable? Based on his tax rate 10%100%0%