How much TFSA contribution room do I have?
Work out your available TFSA room today — accounting for the years you were eligible, everything you've contributed, and withdrawals (which come back on a delay most people get wrong).
Your contribution room will appear here
Enter your birth year to see your maximum room, then add contributions and withdrawals for your real number.
Available TFSA room
On track$0 available to contribute today
Enter your birth year to begin.
Estimated CRA penalty
$0 /month, until you withdraw the excess
1% per month of the highest excess amount in your account, per CRA rules. Remove the excess to stop it.
- Total room accrued
- $0
- Less: contributed to date
- $0
- Plus: withdrawals added back
- $0
- Returns Jan 1 next year
- $0
How this is calculated Hide details
Room accrues each year from the year you turn 18 (or 2009, whichever is later) while you're a Canadian resident. Contributions reduce room the day they're made; withdrawals are added back on January 1 of the following year. Estimate, not tax advice.
The 2027 limit is announced by the CRA each November. Until then this calculator computes through 2026 — it will update automatically when the new figure is confirmed.
Last updated: August 22, 2026
TFSA contribution limits by year
2026 annual limit
$7,000
New room for the year, per eligible person.
Cumulative since 2009
$109,000
Total room if you were 18+ in 2009 and never contributed.
Every year the CRA sets a dollar limit. Unused room carries forward, so your personal room is the sum of the limits for every year you were eligible, minus what you've contributed. Note 2015: the limit was raised to $10,000 for that one year and then rolled back — the single most common mistake in other TFSA calculators.
| Year | Annual limit | Cumulative 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 $10k year | $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 | $6,500 | $88,000 |
| 2024 | $7,000 | $95,000 |
| 2025 | $7,000 | $102,000 |
| 2026 | $7,000 | $109,000 |
Authoritative source: the Canada Revenue Agency's TFSA contributions page. This tool is informational only and is not tax advice — confirm your own room with the CRA before contributing.
How TFSA contribution room actually works
Room builds automatically. From the year you turn 18, every year you're a Canadian resident with a SIN adds that year's limit to your room — whether or not you've ever opened a TFSA. It carries forward indefinitely and never expires.
Contributions reduce it immediately. The day you contribute, your available room drops by that amount. Your room is one shared pool across every TFSA you hold, at every institution.
Withdrawals come back — but on a delay. Whatever you withdraw is added back to your room on January 1 of the following year, never in the year you took it out. Re-contributing a withdrawal in the same year is the number-one cause of accidental over-contribution.
Over-contributing is penalized monthly. Go over your room and the CRA charges 1% per month on the highest excess amount, every month until you withdraw it.
The math this calculator runs:
Available room = Σ annual limits (each eligible year)
− total contributions to date
+ withdrawals from previous years TFSA contribution room FAQ
What is the TFSA contribution limit for 2026?
The annual TFSA dollar limit for 2026 is $7,000. This is the new room every Canadian resident aged 18 or older gets for the year, on top of any unused room carried forward from previous years.
What is the total TFSA contribution room since 2009?
If you were 18 or older in 2009 and have been a Canadian resident every year since, your total accumulated room through 2026 is $109,000. That assumes you have never contributed. A common error in other calculators is using $5,500 for 2015 — the limit that year was actually $10,000, raised for one year and then rolled back.
How do withdrawals affect my TFSA room?
When you withdraw from a TFSA, that amount is added back to your contribution room — but not until January 1 of the following year, never in the same year you withdrew. If you take money out in the current year and re-contribute it before year-end, it counts as a new contribution and can push you over your limit, which triggers a penalty.
What happens if I over-contribute to my TFSA?
The CRA charges a penalty of 1% per month on the highest excess amount in your TFSA for each month the over-contribution stays in the account. The tax keeps accruing until you withdraw the excess. To stop it, remove the over-contributed amount as soon as you notice it.
Does TFSA room build up even if I never opened an account?
Yes. Contribution room accrues automatically for every year you are 18 or older and a Canadian resident with a valid SIN, whether or not you have ever opened a TFSA. Room carries forward indefinitely and never expires, so if you open your first TFSA years later, all of that unused room is available at once.
Why is my TFSA room in CRA My Account out of date?
Financial institutions report your TFSA contributions and withdrawals to the CRA once a year, after year-end. So the figure in CRA My Account can lag by months and usually does not reflect contributions or withdrawals you made this year. Tracking your own contributions is the only way to know your real-time room.
Your room changes every time you move money
CRA My Account lags by months. Worthy tracks your contributions the day they happen — privately, on your device, with no bank connection.