Liberals roll back TFSA contribution limits

Federal Finance Minister Bill Morneau confirmed today that the contribution limit on the tax-free savings account (TFSA) will drop back to $5,500 from $10,000 effective Jan. 1, 2016, but that the limit for 2015 will remain untouched. Mr. Morneau also announced that contributions will be indexed to inflation as of next year.

- News December 7, 2015

Tax-Free Savings Account (TFSA) dollar limit by year

How the tax-free savings account (TFSA) works?

What kind of investments can I hold in a TFSA?

Tax free savings account (TFSA) for non resident

 

 

Additional information