TFSA contribution room 2026: how much can you contribute?
Enter your year of birth, when you became a resident and what you have put in or taken out: the calculator redoes the Canada Revenue Agency count, one year at a time.
TFSA room available in 2026
$89,000
In 2027, your 2026 withdrawals come back, plus the 2027 limit, not yet published.
| Limits added up, 2013 to 2026 | $89,000 |
| Minus past contributions | $0 |
| Plus past withdrawals | $0 |
| Room on January 1, 2026 | $89,000 |
| Minus 2026 contributions | $0 |
| Added back on January 1, 2027 | $0 |
The CRA figure in My Account leaves out this year’s transactions: your own statements are the reference.
| Year | Limit | Running total |
|---|---|---|
| 2013 | $5,500 | $5,500 |
| 2014 | $5,500 | $11,000 |
| 2015 | $10,000 | $21,000 |
| 2016 | $5,500 | $26,500 |
| 2017 | $5,500 | $32,000 |
| 2018 | $5,500 | $37,500 |
| 2019 | $6,000 | $43,500 |
| 2020 | $6,000 | $49,500 |
| 2021 | $6,000 | $55,500 |
| 2022 | $6,000 | $61,500 |
| 2023 | $6,500 | $68,000 |
| 2024 | $7,000 | $75,000 |
| 2025 | $7,000 | $82,000 |
| 2026 | $7,000 | $89,000 |
Prepared by Radif Partners · How we calculate · limits and tax tables read on canada.ca · estimates only, not a notice of assessment
Your 2026 TFSA contribution room is the sum of the annual limits for every year since 2009 in which you were at least 18 and a resident of Canada, minus everything you have contributed, plus everything you withdrew before January 1, 2026. Someone born in 1991 or earlier, resident since 2009, who has never contributed has $109,000 this year. Someone born in 2000 only builds room from 2018 on: $57,000. A newcomer who arrived in 2021 starts that year, with no proration for the months spent abroad: $39,500. The 2026 annual limit is $7,000. A withdrawal does not free up room right away; it is added back on January 1 of the following year. Interest, dividends and gains earned inside the account do not change your room, and neither do losses. The 2027 limit has not been published yet.
The CRA's formula, in three lines
The Canada Revenue Agency defines your room at the start of a year as the sum of three amounts: the annual limit, your unused room from the previous year, and the withdrawals you made in the previous year. Unroll that from your first eligible year and it becomes simple: limits added up, minus contributions, plus past withdrawals. The calculator above applies it with the official table of limits on canada.ca.
| Year | 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 |
| 2023 | $6,500 |
| 2024 | $7,000 |
| 2025 | $7,000 |
| 2026 | $7,000 |
When your room starts
A year gives you room only if three conditions hold: it is 2009 or later, you are 18 at some point in the year, and you are a resident of Canada at some point in the year. The date does not matter. If your 18th birthday falls on December 31, you still get that year's full limit. Here is what that means by year of birth for someone who has always lived in Canada and never contributed.
| Born in | Room since | Room in 2026 |
|---|---|---|
| 1990 | 2009 | $109,000 |
| 1995 | 2013 | $89,000 |
| 2000 | 2018 | $57,000 |
| 2003 | 2021 | $39,500 |
| 2005 | 2023 | $27,500 |
| 2008 | 2026 | $7,000 |
Where you cannot sign a contract until 19 (the age of majority in British Columbia, New Brunswick, Nova Scotia, Newfoundland and Labrador and the three territories), you cannot open a TFSA at 18. The room for the year you turned 18 is not lost: the guide says it carries over to the following year.
Your room by year of birth
TFSA room available in 2026
$109,000
| Limits added up, 2009 to 2026 | $109,000 |
| Minus past contributions | $0 |
| Plus past withdrawals | $0 |
| Room on January 1, 2026 | $109,000 |
Withdrawals come back, but next year
A TFSA withdrawal is never taxed, but it does not create room right away. It is added to your room on the following January 1. Take someone born in 1985 who has put in $60,000 over the years and took out $10,000 in 2025 for a car: their room on January 1, 2026 is $59,000, with the withdrawal included. Had they put the $10,000 back in December 2025 without free room, they would have created an excess taxed at 1% a month. The calculator also shows what comes back on January 1, 2027 if you withdraw this year.
Direct transfers between TFSAs, done by the institutions, are neither withdrawals nor contributions and leave your room untouched. Taking cash out and depositing it at another bank counts as a withdrawal followed by a contribution.
Why your figure differs from My Account
The amount the Canada Revenue Agency shows is your room on January 1, computed from the returns banks file after each year ends. It ignores contributions and withdrawals made during the current year. If you contributed in February, My Account will keep showing your January room until the following spring. Keep your own record: your statements are the reference, and the calculator is there to redo the count with your own numbers.
Non-residents and newcomers
A full calendar year spent outside Canada as a non-resident earns no room. The year you leave and the year you come back count in full. If you lived in Canada in 2009 but abroad from 2015 to 2017, those three limits are missing from your total; the "Full years living outside Canada" field in the options takes them out. Rules for people who arrived recently are on the TFSA for newcomers page, and rules for those leaving the country on the TFSA for non-residents page.
What to do with that room
Having room does not mean you should fill it before an RRSP. A TFSA tends to win when your tax rate is low today or when you expect income-tested benefits in retirement. The side-by-side comparison, with the 2026 brackets of your province, is on the RRSP vs TFSA page.