Reference centre

TFSA Contribution Limits

Quick lookup for annual TFSA dollar limits, cumulative room context, and key recontribution rules.

Current year: 2026 Last reviewed: 2026-05-19 Reviewed

Current-year summary

TFSA limit snapshot

Current year2026
Annual limit$7,000
Cumulative limit$109,000

Historical table

TFSA limits by year

YearAnnual limitCumulative limitReview status
2026$7,000$109,000Reviewed
2025$7,000$102,000Reviewed
2024$7,000$95,000Reviewed

Key rules

  • The annual TFSA dollar limit is added to available contribution room at the beginning of the calendar year.
  • Unused TFSA contribution room carries forward.
  • Withdrawals generally restore contribution room in the following calendar year.

Canadian residents who are at least 18 years old and have a valid SIN can generally accumulate TFSA contribution room.

Withdrawals generally create new TFSA contribution room on January 1 of the following year, not immediately in the year of withdrawal.

Notes and assumptions

Personal TFSA room depends on age, residency, unused room, withdrawals, and contributions already made.

Official sources

  • Source notes are maintained with this reference.