2022 TFSA Contribution Limit Released

2022 TFSA Contribution Limit Released

December 01, 2021 | Curtis Grainger Jason Fields

Share

The TFSA contribution limit for 2022 has been officially released. That limit is $6,000, matching the amount set from 2019 to 2021.

With this TFSA dollar limit announcement, the total contribution room available in 2022 for someone who has never contributed and has been eligible for the TFSA since its introduction in 2009 is $81,500.  To find out more detail please take a look at the article from Advisor.ca

Categories

Personal finance Tax

Related Articles

Key things to know about U.S. elections

As presidential elections have become more contentious, perceptions have risen that the stock market’s fate can hang in the balance depending on who wins. There are four principles investors should keep in mind. Find out more in this ARTICLE by Kelly...

Read more

What is the First Home Savings Account (FHSA) and is it right for you?

With the RRSP Deadline coming this week (Feb 29th this year) we wanted to bring to our clients attention a new investment vehicle that the federal government announced in mid 2023. The First Home Savings Account is a new investment account to help younger...

Read more

U.S. Fed holds rates unchanged again

For this weeks blog post we have an article from Nathan Janzen, with RBC Economics, providing more detail about the recent decision by the US Federal Reserve to hold its over night rates. U.S. Fed holds rates unchanged again The U.S. Fed (as expected)...

Read more