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TFSA limit for 2022 released

By  External Author |   | Posted in " Tax consultant "

The TFSA contribution limit for 2022 has been officially released. That limit is $6,000, matching the amount set from 2019 to 2021.

With this TFSA dollar limit announcement, the total contribution room available in 2022 for someone who has never contributed and has been eligible for the TFSA since its introduction in 2009 is $81,500. 

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Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Rudy Mezzetta

Original Article Posted on:  November 17, 2021

Link to Original Article:  https://www.advisor.ca/tax/tax-news/tfsa-limit-for-2022-released/