Savings

Tax Free Savings Account Contribution Limit for 2010

TFSA Contribution Limits

The limit to contribute to a TFSA for the year 2009 is $5000. Most everyone already knows this.

But how much will the Tax Free Savings Account Contribution limit go up to for the year 2010?

The TFSA Contribution limit goes up by the CPI, or the amount of inflation in a given year, but in $500 increments only.