Reviewed

If you were born in 1991 or earlier (and you were 18 or older when TFSA launched in 2009), you can put up to $109,000 in a TFSA right now (assuming you've never put money in one before).

Anyone born in 1991 or earlier was old enough when the TFSA launched in 2009. That means the full annual limits from 2009 through 2026 are included, assuming Canadian residency.

General information only — not financial advice for your situation.

This is a learning tool. Always check CRA My Account records and talk to a qualified professional for your own numbers.

Plain English

Anyone born in 1991 or earlier was old enough when the TFSA launched in 2009. That means the full annual limits from 2009 through 2026 are included, assuming Canadian residency.

Say you've never had a TFSA. You could open one tomorrow and put $109,000 in. If you've already put some money in, subtract that from $109,000. If you took some money out in a past year, that gets added back to your room on January 1 of the year after the withdrawal.

Show the math

Sum of annual TFSA dollar limits from year-of-eligibility (2009) through current year (2026): $5,000 + $5,000 + $5,000 + $5,000 + $5,500 + $5,500 + $10,000 + $5,500 + $5,500 + $5,500 + $6,000 + $6,000 + $6,000 + $6,000 + $6,500 + $7,000 + $7,000 + $7,000 = $109,000

Caveats

  • Assumes Canadian residency every year since turning 18
  • Years spent as a non-resident don't accrue room
  • Past contributions reduce available room; past withdrawals add back next calendar year
  • CRA's My Account is the official record but can lag financial institution reporting by 2-3 months
  • Foreign currency contributions are converted to CAD at transaction date

TFSA room calculator

Based on annual CRA TFSA limits. CRA My Account is the official record.

Estimated available room: $109,000
Eligibility starts in 2009. Assumes Canadian residency for every eligible year.

Year-by-year room

YearAnnual limitCumulative 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 $6,500 $88,000
2024 $7,000 $95,000
2025 $7,000 $102,000
2026 $7,000 $109,000

About this site

Every number on this site is sourced from CRA publications, the Income Tax Act, or provincial fiscal releases. We show the math, cite the sources, and never tell you what to do with your money.

Sources & references