TFSA Contribution Room Calculator

TFSA Eligibility

The TFSA refers to Tax Free Savings Account program which was initiated in 2009, to provide individuals aged 18 or older the opportunity to save money tax-free over their entire lifetime. If you are born in (current year – 17) or after, you are not yet eligible to open a TFSA account.


Account Transactions
Year Limit Deposit Withdrawal Balance
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