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CRA: How to Use Your TFSA Contribution Limit in 2026
Summary by The Motley Fool Canada
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1 Articles
CRA: How to Use Your TFSA Contribution Limit in 2026
Knowing what the Canada Revenue Agency (CRA) thinks about the 2026 Tax-Free Savings Account (TFSA) contribution limit matters, as it’s not just a ânew roomâ announcement. It’s a rules-and-records situation. The CRA sets the annual dollar limit at $7,000 for 2026, added on Jan. 1, 2026, but it also warns that the contribution room shown in your CRA account does not update in real time. Furthermore, it pushes you to rely on your own records to…
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