Disclaimer
Educational use only. U-Invest provides financial tracking tools, calculators and general financial education. It is not a brokerage, financial institution, or investment, tax or legal advisor, and it doesn't provide personalized investment advice.
No recommendations. Nothing on U-Invest is a recommendation to buy, sell or hold any security. Examples use fictional companies and funds.
Estimates. All calculations, including TFSA contribution room, are estimates based on the information and assumptions you provide. They may be incomplete or inaccurate.
Verify with the CRA. Your contribution room is an estimate based on the information you provide. Verify your available room with the CRA (for example, through CRA My Account) before contributing. Over-contributions are taxed at 1% per month.
Sample data. Any sample or demonstration data is fictional and is not anyone's actual financial information.
Consider speaking with a qualified, registered professional before making financial decisions.