TFSA contribution room calculator
See how much you can put in your TFSA in 2026, from the year you turned 18 to today, with withdrawals added back the way CRA does it.
Free · No sign-up · Updated October 2026
$74,000room left in 2026
- Room built up since 2009
- $109,000
- Plus earlier withdrawals
- $5,000
- Minus contributions
- −$40,000
An estimate. CRA My Account shows your official room, updated once a year.
TFSA limits by year
| Year | Annual limit | Your room builds | Your running total |
|---|---|---|---|
| 2026 | $7,000 | Yes | $109,000 |
| 2025 | $7,000 | Yes | $102,000 |
| 2024 | $7,000 | Yes | $95,000 |
| 2023 | $6,500 | Yes | $88,000 |
| 2022 | $6,000 | Yes | $81,500 |
| 2021 | $6,000 | Yes | $75,500 |
| 2020 | $6,000 | Yes | $69,500 |
| 2019 | $6,000 | Yes | $63,500 |
| 2018 | $5,500 | Yes | $57,500 |
| 2017 | $5,500 | Yes | $52,000 |
| 2016 | $5,500 | Yes | $46,500 |
| 2015 | $10,000 | Yes | $41,000 |
| 2014 | $5,500 | Yes | $31,000 |
| 2013 | $5,500 | Yes | $25,500 |
| 2012 | $5,000 | Yes | $20,000 |
| 2011 | $5,000 | Yes | $15,000 |
| 2010 | $5,000 | Yes | $10,000 |
| 2009 | $5,000 | Yes | $5,000 |
Annual limits from the Canada Revenue Agency. Unused room carries forward with no end date.
How this calculator works
How your room adds up
Your room is every annual limit since the year you turned 18 (or became a resident, or 2009, whichever is latest), plus withdrawals from earlier years, minus everything you’ve contributed.
Withdrawals made in 2026 are added back on January 1, 2027, along with that year’s new limit.
What it leaves out
Years you lived outside Canada after becoming a resident, transfers between your own TFSAs and contributions made as a non-resident all change the math. CRA My Account has your official figure.
Investment growth and losses don’t change your room. Only contributions and withdrawals do.
Questions
What is the TFSA limit for 2026?
$7,000, the same as 2024 and 2025. The limit is indexed to inflation and rounded to the nearest $500, so it only rises when inflation pushes it past the next $500 step.
What is the total TFSA contribution room since 2009?
$109,000 through 2026, if you were 18 or older and a resident of Canada every year since 2009 and have never contributed. That’s our sum of the annual limits; CRA shows your own figure in My Account.
When do I start getting TFSA contribution room?
In the year you turn 18, and you get that year’s full limit. Someone born in 2008 turns 18 in 2026 and has $7,000 of room. Room builds every year you’re a resident, even if you never open a TFSA or file a tax return.
If I withdraw from my TFSA, can I put the money back?
Yes, but the room comes back on January 1 of the next year, not right away. Putting money back in the same year only works if you still have unused room; otherwise it counts as an over-contribution.
What happens if I over-contribute to my TFSA?
CRA charges a tax of 1% a month on the highest excess amount in each month, until you withdraw the excess or new room on January 1 absorbs it. The calculator shows the monthly cost if your contributions are above your room.
Does unused TFSA room carry forward?
Yes, with no end date. Every year’s unused room adds to the next, which is why someone who has never contributed can put in the full cumulative amount at once.
How do I check my TFSA room with CRA?
Sign in to CRA My Account. The figure there is updated once a year in the spring, after banks report the previous year’s transactions, so it won’t include anything you did this year. CRA suggests checking it against your own records.
I’m new to Canada. How much TFSA room do I have?
Your room starts building once you become a resident and are at least 18; years before that don’t count. Choose “No” in the calculator and enter the year you became a resident, then confirm the figure in My Account.
Can I open a TFSA at 18?
To open one you must be a resident of Canada, at least 18 and have a valid SIN. Where the age of majority is 19, you open it at 19, but you still get the room from the year you turned 18.
Should I use a TFSA or an RRSP?
It depends on your income now and in retirement. A TFSA gives no deduction today but withdrawals are tax-free and don’t affect income-tested benefits; an RRSP gives a deduction now and taxes withdrawals later. Many people use both.
Results are estimates for general information, not financial advice. Confirm rates, fees and terms with your card issuer or bank. See our methodology.