Tfsa Contribution Limit 2025
Tfsa Contribution Limit 2025. Tfsas are available to canadian residents with a valid social insurance number over the age of 18. Individuals can check their personal tfsa space on their cra myaccount.
According to bnn bloomberg, this increase matches the allowance for 2024, which had risen from $6,500 in 2023 and $6,000 in the three preceding years. The tfsa contribution room is calculated annually based on inflation rates, rounded to the nearest $500.