TFSA Calculator 2026: Contribution Room and Growth
Work out your TFSA contribution room for 2026 from the year you turned 18, with every limit since 2009 ($109,000 in total), and the tax-free growth.
| Year | Deposited | Value |
|---|
TFSA limits from the CRA: $5,000 a year in 2009–2012, $5,500 in 2013–2014, $10,000 in 2015, $5,500 in 2016–2018, $6,000 in 2019–2022, $6,500 in 2023 and $7,000 since 2024. Withdrawals come back as room on January 1 of the next year. Check your exact room in CRA My Account.
What it does
A tax-free savings account lets you invest without paying tax on interest, dividends or gains, and withdraw at any time. Room builds up every year from the year you turn 18 and are a resident, whether you open an account or not; withdrawals add the room back the next year.
How to use it
- Type the year you turned 18 and how much you have contributed and withdrawn.
- Type the yearly deposit, the return and the number of years for the projection.
- See your 2026 room, the value at the end and the growth year by year.
The arithmetic runs in your browser. Nothing you type is sent anywhere and nothing is stored, so you can use these with real numbers.
Frequently asked questions
What is my TFSA contribution room in 2026?
If you were 18 and a resident in 2009 or earlier, the total limit is $109,000. After depositing $50,000 and withdrawing $5,000 in earlier years, the room is $64,000.
What is the TFSA limit for 2026?
$7,000, the same as in 2024 and 2025. Someone who turned 18 in 2020 has $45,500 of total room in 2026.
How much can a TFSA grow?
Depositing $7,000 at the start of each year at 5% gives about $243,000 after 20 years, of which $103,000 is tax-free growth.
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