TFSA tax free savings, was first introduced in the year of 2009, subject to indexation adjustment for Canadian residents and citizens, TFSA funds tax free savings it has similar plan with the RRSP registered retirement savings plan, that can be given as a gift to families and/or transfer to a spouse common-law partner upon death.

TFSA Advantages

The TFSA is registered savings plan, investment earned is tax free, early withdrawal is tax free or no tax penalties, any unused tax free contributions room available is carried forward and accumulated in the future years.

TFSA Benefits

TFSA plan, enable you to borrow your own money without tax penalties, the advantage with common sense that help you makes life easier by knowing taking money from your own hard earned savings is tax free.

TFSA References

The information is reference (only) of historical records into the past years of TFSA tax free accounts availability. It’s for company’s reference in terms of TFSA, since we have developed the private independent investor’s in 2007, concepts to benefits from free tax penalties. TFSA tax free savings, registered investment accounts for long-terms financial securities.

TFSA Annual Contribution

The TFSA contribution is updated annually and for the year of 2026, amount room contribution is $7,000 Canadian dollars. If you have contributed in TFSA since 2009, when tax free savings was first introduced. We created this web page references to make sure for carry forward room TFSA contributions transparency.

TFSA capital contributions estimated including 2026, allowance amount plus over decades recorded for historical references information about TFSA contributions that are carried forward since TFSA, first introduction to save in free tax advantaged.

TFSA Carry Forward Years

For 2026 contribution $7,000 Canadian dollars, in 2025 TFSA $7,000 and 2024 TFSA $7,000 in 2023 TFSA $6,500 and 2022 TFSA $6,000 in 2021 TFSA $6,000 and 2020 TFSA $6,000 in 2019 TFSA $6,000 and 2018 TFSA $5,500 in 2017 TFSA $5,500 and 2016 TFSA $5,500 in 2015 TFSA $10,000 and 2014 TFSA $5,500 in 2013 TFSA $5,500 and 2012 TFSA $5,500 in 2011 TFSA $5,000 and 2010 TFSA $5,000 in 2009 TFSA $5,000 and for the year of 2008-2007 TFSA is N/A.