When did you turn 18?
How much money have you contributed to your TFSA in total?
$How much money have you withdrawn from your TFSA in 2021?
$TFSA contribution room available in 2021:
$ 75500.00TFSA contribution room available in 2022:
$ 81500.00(There is an additional $6000 in contribution room available in 2022.)
How TFSA contribution room is calculated
- Your TFSA contribution room increases every year after you turn 18
- Your annual TFSA contribution room increase can be found here (currently it's $6,000/year, indexed to inflation)
- Your TFSA contribution room can be carried forward indefinitely
- If you withdraw funds from your TFSA you will not lose the contribution room, however you can only recontribute the withdrawn amount after January 1st of the following calendar year
- Overcontributing to your TFSA carries harsh penalties, however you will not be penalized if you overcontribute by less than $2,000
TFSA contribution room by year
| Year | Annual contribution room increase | Cumulative contribution room |
| 2009 | $5,000 | $5,000 |
| 2010 | $5,000 | $10,000 |
| 2011 | $5,000 | $15,000 |
| 2012 | $5,000 | $20,000 |
| 2013 | $5,500 | $25,500 |
| 2014 | $5,500 | $31,000 |
| 2015 | $10,000 | $41,000 |
| 2016 | $5,500 | $46,500 |
| 2017 | $5,500 | $52,000 |
| 2018 | $5,500 | $57,500 |
| 2019 | $6,000 | $63,500 |
| 2020 | $6,000 | $69,500 |
| 2021 | $6,000 | $75,500 |
| 2022 | $6,000 | $81,500 |
| 2023 | Unconfirmed, likely $6,000 | Unconfirmed, likely $87,500 |