PSA: the annual TFSA dollar limit is $7000 for 2024

https://www.canada.ca/en/revenue-agency/services/tax/individuals/frequently-asked-questions-individuals/adjustment-personal-income-tax-benefit-amounts.html

18 points · 2 comments · view on lemmy.world

2 Comments

apprehensively_human@lemmy.ca · 7 pts · 2y

Would be nice to have enough disposable income to be able to hit that limit. Or even come close.

affairesdepiasses@lemmy.ca · 7 pts · 2y

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