Guide
TFSA, RRSP & FHSA contribution limits (2026)
Reviewed by The Retirement Beast editorial team · figures verified against CRA / Service Canada · Updated
Every registered-account limit that matters for 2026 in one place — the TFSA annual and cumulative room, the RRSP 18% rule and dollar limit, and the FHSA and Home Buyers' Plan amounts.
Calculate your room2026 limits at a glance
- TFSA: $7,000 for 2026; cumulative room ~$109,000 if eligible since 2009
- RRSP: 18% of prior-year earned income, up to $33,810, less pension adjustment
- FHSA: $8,000/year, $40,000 lifetime
- Home Buyers' Plan: up to $60,000 per person from an RRSP, repaid over 15 years
TFSA room by year (since 2009)
TFSA room accumulates from the year you turned 18 (or 2009, whichever is later) even if you never opened an account. Cumulative room for someone eligible every year since 2009 is $109,000.
| Years | Annual limit |
|---|---|
| 2009–2012 | $5,000 |
| 2013–2014 | $5,500 |
| 2015 | $10,000 |
| 2016–2018 | $5,500 |
| 2019–2022 | $6,000 |
| 2023 | $6,500 |
| 2024–2026 | $7,000 |
Withdrawals restore room the following calendar year — re-contributing in the same year can cause an over-contribution penalty.
Which account first?
Limits tell you how much room you have; they do not tell you where the next dollar should go. That depends on your tax rate now versus in retirement, whether you are saving for a first home, and your clawback exposure. See RRSP vs TFSA (vs FHSA) and the FHSA guide, then calculate your personal room in the contributions optimizer. The full annual figures live on the 2026 rules page.
Frequently asked questions
What is the TFSA limit for 2026?
The 2026 TFSA annual limit is $7,000. If you have been eligible since the TFSA began in 2009 and never contributed, your cumulative room is about $109,000 in 2026.
What is the RRSP contribution limit for 2026?
18% of your prior-year earned income, up to a dollar limit of $33,810 for 2026, plus any unused room carried forward, minus your pension adjustment. Your exact room is on your CRA Notice of Assessment.
What is the FHSA limit?
$8,000 per year up to a lifetime maximum of $40,000. Unused annual room carries forward, but the carry-forward is capped at $8,000, so the most you can contribute in one year is $16,000.
Can I use both the FHSA and the Home Buyers' Plan?
Yes. You can combine a tax-free FHSA withdrawal with a Home Buyers' Plan withdrawal of up to $60,000 from an RRSP toward the same first home.