Account
TFSA room estimate
Roughly $69,000 of tax-free room, accrued over 18 eligible years.
Estimated contribution room
$69,000
Cumulative limit
$109,000
since 2009
2026 annual limit
$7,000
Cumulative limit$109,000
Lifetime contributions−$40,000
Estimated room$69,000
Model assumptions
- Assumes continuous Canadian residency — non-resident years do not accrue TFSA room.
- This is an estimate for planning, not tax advice. Your CRA My Account and Notice of Assessment are the authoritative numbers.
Sources
- TFSA 2026 annual limit $7,000; cumulative room since 2009 $109,000 — CRA, verified June 2026
- RRSP 2026 dollar limit $33,810 — CRA MP/RRSP/DPSP/TFSA limits table, verified June 2026
- RRSP room = 18% of prior-year earned income up to the dollar limit — Income Tax Act s. 146
- TFSA over-contribution penalty: 1% per month on the excess — CRA