TFSA Contribution Limit and Tax-Free Savings Rules for 2025
The Tax-Free Savings Account (TFSA) is a popular Canadian savings and investment tool. It offers tax-free growth and withdrawals. For 2025, the TFSA contribution limit remains at $7,000, the same as in 2024. This brings the total cumulative contribution room to $102,000 for individuals who have been eligible since the program began in 2009. The…