The 2026 TFSA annual limit is $7,000. If you've been eligible since 2009 and have never contributed, your total lifetime room is $109,000. Use the TFSA calculator to compute your exact available room.
| Year(s) | Annual limit | Cumulative total |
|---|---|---|
| 2009-2012 | $5,000 | $20,000 |
| 2013-2014 | $5,500 | $31,000 |
| 2015 | $10,000 | $41,000 |
| 2016-2018 | $5,500 | $57,500 |
| 2019-2022 | $6,000 | $81,500 |
| 2023 | $6,500 | $88,000 |
| 2024 | $7,000 | $95,000 |
| 2025 | $7,000 | $102,000 |
| 2026 | $7,000 | $109,000 |
Your personal TFSA contribution room is:
The easiest way to check is on My Account at canada.ca. The CRA tracks your room based on your tax returns and contributions reported by your bank. Note: your room on My Account may not reflect contributions made in the current year if your financial institution hasn't reported them yet.
Use an RRSP if your current tax rate is higher than your expected retirement rate — you get a tax deduction now and pay tax later. Use a TFSA if your tax rate is the same or lower — contributions aren't deductible but withdrawals are completely tax-free. An FHSA combines both benefits if you're saving for a first home. See the full comparison in our FHSA vs RRSP vs TFSA guide.
Pre-calculated 2026 maximums for every birth year from 1991–2008.