tax free savings on white paper

background savings white paper tax account interest income exempt contributions withdrawals limits growth investments balance benefits deposits financial goals planning retirement taxable penalty yearly allowance shelter assets accumulate wealth earnings rules government strategy flexibility fund returns risk portfolio account-holder regulations contribution-room deadline taxation saving-strategy compound bank institution account-type tax-free-allowance deduction policy long-term short-term capital gains security cash equity bonds fees penalties eligible non-taxable maximizing allocation protection contribution-limit financial-security accessible flexible