PSA: the annual TFSA dollar limit is $7000 for 2024
PSA: the annual TFSA dollar limit is $7000 for 2024
www.canada.ca Indexation adjustment for personal income tax and benefit amounts - Canada.ca
Each year, certain personal income tax and benefit amounts are indexed to inflation using the Consumer Price Index data as reported by Statistics Canada.
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Due to inflation, there will thus have been only one year with a limit of $6500.
Reminder of the annual limits:
2023 $6 500 2022 $6 000 2021 $6 000 2020 $6 000 2019 $6 000 2018 $5 500 2017 $5 500 2016 $5 500 2015 $10 000 2014 $5 500 2013 $5 500 2012 $5 000 2011 $5 000 2010 $5 000 2009 $5 000