What are my TFSA contribution limits?
Canadian residents, age 18 and older, can contribute up to $6,000 annually to a TFSA. Unused contribution room is carried forward and accumulates in future years. The full amount of withdrawals can be put back into the TFSA in future years, but be careful of re-contributing in the same year which may result in an over-contribution. The total contribution amount for eligible Canadians is $63,500.