There are several synonyms for the term "tax free savings account" or TFSA. In Canada, TFSA is a popular investment vehicle that allows individuals to save or invest in a tax-free manner. Alternatives to TFSA include Roth IRA in the United States, Individual Savings Account (ISA) in the United Kingdom, and Registered Retirement Savings Plan (RRSP) in Canada. Each of these investment options has its own set of rules and limitations, but they all offer tax-free benefits to the contributors. It is important to consult with a financial advisor to determine which investment option is the most suitable for individual needs and goals.