Last updated: 2026 assumptions reviewed. Assumptions & sources
Tools & Resources

TFSA Contribution Room Calculator

How much room do you actually have? Enter your birth year, what you've contributed, and what you've taken out. You'll see your estimated room today, plus the annual limit for every year since you became eligible.

How your room is built
The year you turned 18→Every limit since→Minus what you put in→Plus withdrawals from 2025 and earlier
Room starts the year you turned 18, or 2009 if you were already an adult. Money you take out in 2026 comes back as room on January 1, 2027. That is why this calculator asks for your withdrawals in two parts.
A one-tap starting point for the dollar figures. Your birth year stays as you entered it, and every field below is still yours to change.

Your TFSA Profile

All four digits, for example 1990. It sets the year your room started building (the year you turned 18).
$0
$
Total amount you have deposited into all your TFSAs across all years.
$
Everything you took out of any TFSA in 2025 or earlier. That room is already back, so it counts in your total below.
$
What you have taken out so far this year. This room comes back on January 1, 2027, so it is left out of today's figure. Putting it back before then counts as an over-contribution.

Your Results

$0
Available Room
$0
Total Lifetime Room Accumulated
$0
Room Used (After Earlier Withdrawals)
-
Year You Became Eligible

Your Lifetime Room at a Glance

This is an estimate based on the information you entered. Your exact contribution room depends on your tax filing history. To see your official room, log into CRA My Account at canada.ca/cra.

Room Accumulated by Year

Year Annual Limit Cumulative Room

You may have more room than you think

If you have never contributed to your TFSA, your room may be larger than you realize. Someone who became eligible in 2009 has $109,000 in lifetime contribution room. Don't let unused room sit idle.

Annual TFSA Limits

2009 to 2012
$5,000/year
2013 to 2014
$5,500/year
2015
$10,000/year
2016 to 2018
$5,500/year
2019 to 2022
$6,000/year
2023
$6,500/year
2024 to 2026
$7,000/year

How TFSA room works

Room accumulates every January 1 starting the year you turn 18 (minimum 2009). You never lose unused room; it carries forward indefinitely. Withdrawals re-open room on January 1 of the following year, so a withdrawal made in 2026 is usable again in 2027. Over-contributing costs 1% a month on the highest excess in each month. Moving a TFSA from one bank to another uses no room at all, as long as the bank does it as a direct transfer.

TFSA vs RRSP

Which account to fill first depends on your income and the tax rate you expect in retirement. The tool walks both sides.

Use the RRSP vs TFSA tool →

Read the full guide

The guide covers what the numbers here do not: how to use a TFSA as a stewardship tool, and where it fits beside giving and debt.

Read the full TFSA guide →
Tools Dan uses

Open a TFSA

Found unused room? A TFSA only works once money is in it. Wealthsimple opens one in minutes with no minimum, and your growth and withdrawals stay tax-free.

Open a Wealthsimple TFSA →

Affiliate link, no cost to you. How this works. See the full list of tools Dan recommends.

Frequently Asked Questions

How much TFSA contribution room do I have?

Your room depends on when you turned 18 and became a Canadian resident. For 2026, the cumulative limit since 2009 is $109,000 (assuming you were eligible in 2009). From that total, subtract every contribution you have ever made, then add back the withdrawals you made in 2025 or earlier. Withdrawals you made in 2026 come back on January 1, 2027. Room tracks what you put in and take out, whatever your account is worth today. This calculator walks through it.

What happens if I over-contribute to my TFSA?

The CRA charges 1% a month on the highest excess in each month. $6,000 over the line costs $60 a month until you take it out. Always confirm your room before contributing, especially after making withdrawals and re-contributing in the same calendar year.

Can I re-contribute money I withdrew from my TFSA?

Yes, but not until the following January 1. If you withdraw $5,000 in March 2026, that room comes back January 1, 2027. Contributing it back in the same calendar year it was withdrawn counts as an over-contribution.

Is TFSA room the same for everyone?

The annual dollar limit is the same for all eligible Canadians, but your personal room accumulates only from the year you turned 18 (or 2009, whichever is later). Someone who turned 18 in 2015 has less total room than someone who was eligible since 2009.

What is the TFSA contribution limit for 2026?

The 2026 TFSA annual limit is $7,000. If you have never contributed and were eligible since 2009, your total accumulated room is $109,000 in 2026.