The Federal Government agrees that it's important for all Canadians to save. And better still, they've just passed legislation to let you save without paying tax on the interest you earn. This means that soon all Canadians will be able to save up to $5,000 every year without being taxed on interest earned. This is great news for savers. And we're very excited!

So what does this really mean? Soon you will have all the features that you have come to expect from ING DIRECT – like high interest, no fees, no minimums – PLUS the added benefit of no taxes on the interest earned in your Tax-Free Savings Account. Your hard earned money has already been taxed – now the interest it earns won't get taxed again.

To help you understand how Tax-Free Savings Accounts will work and what they will do for you, we've put together a Top 10 list of things you may want to know. And as always, if you have any questions feel free to call us at 1-800-464-3473. Since the Tax-Free Savings Account is not officially available until January 2009, we may not have all the answers yet, but we'll tell you what we know so far.