The annual contribution limit can change from year to year. You can make contributions anytime during the year, periodically or as a lump sum. It is important to check your room to make sure you don't overcontribute.
Common questions:
How much can I put in each year? How do I find out my TFSA contribution room?
Who can get a TFSA?
How do I put money back into my TFSA after I took it out?
What happens if I forgot to make a TFSA contribution?
What I can invest in my TFSA?
What are the contribution limits by birth year (they vary if you were born AFTER 1991)
What are the contribution limits for each calendar year?
Year | Contribution Limit |
---|---|
2009 | $5,000 |
2010 | $5,000 |
2011 | $5,000 |
2012 | $5,000 |
2013 | $5,500 |
2014 | $5,500 |
2015 | $10,000 |
2016 | $5,500 |
2017 | $5,500 |
2018 | $5,500 |
2019 | $6,000 |
2020 | $6,000 |
2021 | $6,000 |
2022 | $6,000 |
Total Since Inception | $81,500 |