What year were you born in?
1991
X
Input Error: Year of Birth
Enter a year between 1922 and 2022.
Year when you turned 18
2009
How much have you contributed to your TFSA in total?
0
X
Input Error: TFSA Contribution
Enter an amount less than $ the current maximum lifetime contribution limit.
How much have you withdrawn from your TFSA in total before ?
0
X
Input Error: TFSA Contribution
Enter an amount less than $ the total you've contributed.
How much have you withdrawn from your TFSA in ?
0
X
Input Error: TFSA Contribution
Enter an amount less than $ the total you've contributed.
TFSA contribution limit this year ()
0
TFSA contribution limit next year ()
0
TFSA contribution room
This year ()
Next year ()

The annual TFSA contribution limit for 2022 is $6,000.

Your contribution limit starts the year you turn 18 and TFSA's were introduced in 2009.

If you didn't contribute to a TFSA between 2009 and 2022 and you were at least 18 in 2009, your total contribution limit could be $81,500.

You can carry forward any unused contribution room from previous years.

If you contribute more than your total contribution room, the Canada Revenue Agency (CRA) will charge you a penalty of 1% per month on the excess amount.
TFSA annual and cumulative contribution limits

Year Annual
Limit		 Cumulative
Limit
2022 $6,000 $81,500
2021 $6,000 $75,500
2020 $6,000 $69,500
2019 $6,000 $63,500
2018 $5,500 $57,500
2017 $5,500 $52,000
2016 $5,500 $46,500
2015 $10,000 $41,000
2014 $5,500 $31,000
2013 $5,500 $25,500
2012 $5,000 $20,000
2011 $5,000 $15,000
2010 $5,000 $10,000
2009 * $5,000 $5,000

* TFSAs were introduced in 2009

PDF
Assumptions
The calculator assumes next year's annual TFSA contribution limit will be the same as this year's.

Disclaimer