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TFSA Calculator | Saving & Investing | TD Canada Trust

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Accounts overview Chequing Savings Youth and Student U.S. Dollar Explore all offers

Banking For

Newcomers Youth & Parents Students International Students Post Grads

Services

Overdraft Protection TD Global Transfer TD Access Card TD Mobile Deposit Fraud Prevention

TD New to Chequing Offer

Get up to $750 in value starting with an eligible TD Chequing Account. Conditions apply.

View offer details

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Earn up to $1,790 in value when you bank with TD as a Newcomer. Conditions apply.

View offer details

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Explore all credit cards Explore promotions and offers TD Travel Rewards Cash Back Aeroplan No Annual Fee Low Rate U.S. Dollar Business

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Students Post grads New to Canada

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Get the most out of my credit card Getting started with your TD Credit Card TD Rewards Program Mobile wallet Check your credit score

Learning Resources

Basics of Credit Cards Introduction to Credit Card Points Basics of Business Credit Cards Building your credit Learn more

Featured offer

TD® Aeroplan® Visa Infinite* Card

Up to $1,350 in value including up to 40,000 Aeroplan points could be yours and receive an Annual Fee rebate for the first year. Conditions Apply.

View offer

Featured offer

TD First Class Travel® Visa Infinite* Card

Earn up to $1,300 in value, including up to 146,000 TD Rewards Points and receive an Annual Fee rebate for the first year. Conditions Apply.

View offer

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Explore all mortgage options Today's mortgage rates TD Home Equity FlexLine (HELOC) Flexible mortgage payment features Mortgage offers TD Mortgage Protection

What’s Next For You?

Buy my first home Buy my next property Renew my mortgage Refinance my mortgage Move my mortgage to TD Newcomer to Canada

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Explore all mortgage tools and calculators Mortgage Payment Calculator Mortgage Affordability Calculator Mortgage Pre-approval Connect with a specialist

TD Mortgage Direct

Answer a few questions and we'll call you to match you with a TD Mortgage Specialist.

Request a call

With a new TD mortgage, get up to $5,100 cashback.

Offer expires August 31, 2026. Conditions apply. 

View offer details

Loans/Lines of Credit Go Back Loans/Lines of Credit Close

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Explore Personal Loan RSP Loan Vehicle Loan Personal Line of Credit Home Equity Line of Credit

Student Borrowing

Explore Student Line of Credit Professional Student Line of Credit Healthcare Student Line of Credit

Tools and Resources

Help me choose Check your credit score Loan vs Line of Credit Calculator Help me manage debt

Borrowing Advice

Get helpful insights and tips on how to borrow wisely, manage your payments and make informed financial decisions.

Get more info about borrowing

Student Advice

Get expert advice on things like building a student budget and other important financial topics.

Know more about student borrowing

Credit Application Guide

This step-by-step guide will help you understand the credit application process.

Get more info on borrowing

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Personal Investing Overview Explore promotions and offers Tax Free Savings Account (TFSA) Registered Retirement Savings Plan (RRSP) First Home Savings Account (FHSA) Registered Education Savings Plan (RESP) Registered Retirement Income Fund (RRIF) Registered Disability Savings Plan (RDSP)

Investing Products

Explore all products GICs Mutual Funds Precious Metals Other ways to invest Trade and invest yourself with TD Direct Investing Invest with a TD Wealth Advisor

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Compound Interest Calculator TFSA Calculator RRSP Calculator GIC Selector Tool RESP Calculator Net Worth Calculator TD Goal Builder Personal Cash Flow Calculator

Investor Education

Find an investing article that will help you invest with confidence and make financial decisions.

Learn about investing

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Explore all protection plans TD Mortgage Protection TD Line of Credit Protection TD Loan Protection TD Credit Card Payment Protection Plan Business Credit Protection

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Explore all travel insurance Single Trip Plan Annual Trip Plan Trip Cancellation & Trip Interruption Insurance Top-up or Extension

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TD Protection Plans Assessment Tool Credit Card Travel Insurance Verification Tool

File a TD Protection Plans claim

We’re ready to guide you every step of the way.

Learn more about filing a claim

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We’re here to help get you through your travel insurance claims. Visit our online claims portal to start or to check the status of a submitted claim.

Visit online claims portal

Advice Go Back Advice Close

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TD app EasyWeb Ways to pay Ways to send money Phone, Branch and ATM Cross-border banking Foreign exchange services

Need help finding the right TD products?

Just answer a few questions and we can better help direct you to achieving your goals.

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Understanding interest rates

Read on to know more about interest rates and how they can affect your investments.

Read article

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EasyWeb WebBroker U.S. Banking My Accounts My Accounts Logout EasyWeb WebBroker U.S. Banking Tips & advice to help you get started What is a TFSA (Tax-Free Savings Account)?

A Tax-Free Savings Account (TFSA) is a tax-advantaged savings plan in which you can save or invest up to $7,000 in 20261.

TFSA vs RRSP. What's the difference?

Choose the right plan to help you reach your goals faster.

TFSA contribution limits & withdrawal rules

Discover the benefits of flexible, tax-free withdrawals and penalty-free re-contributions.

Taxation rules & investment holdings

Choose the right investment vehicle for you, from mutual funds to GICs, and more1.

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Legal Footnotes:

1 Annual contribution limit for 2026 is $7,000. Annual contribution limit for 2024 and 2025 was $7,000. Annual contribution limit for 2023 was  was $6,500. Annual contribution limit for 2019 to 2022 was $6,000. Annual Contribution limit for 2016 to 2018 was $5,500. Annual contribution limit for 2015 was $10,000. Annual contribution limit from 2013 to 2014 was $5,500. Annual contribution limit from 2009 to 2012 was $5,000. Annual TFSA contribution limit subject to change by the federal government.

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1 Annual contribution limit for 2026 is $7,000. Annual contribution limit for 2024 and 2025 was $7,000. Annual contribution limit for 2023 was  was $6,500. Annual contribution limit for 2019 to 2022 was $6,000. Annual Contribution limit for 2016 to 2018 was $5,500. Annual contribution limit for 2015 was $10,000. Annual contribution limit from 2013 to 2014 was $5,500. Annual contribution limit from 2009 to 2012 was $5,000. Annual TFSA contribution limit subject to change by the federal government.

Tax-Free and taxable investment results are approximations and do not reflect actual returns

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Assumptions:

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Taxes are based on the annual income entered plus any compounded growth assuming no other deductions, credits, or earnings.

\r\n\r\nAnnual income assumes that this is your taxable income before taxes and deductions. Your annual income is used to estimate your combined federal/provincial marginal tax rate for the purpose of this calculator.\r\n\r\n

The initial contribution is immediate and then the incremental contributions are at the start of the "next" recurring period. (Example: customer contributes $1000 today and sets up a monthly recurring payment. The first recurring contribution does not hit the account until the first day of the second month).

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Taxes are applied at the end of each year and no withdrawals are made from the account including tax which is assumed to be paid from an external account.

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The growth shown is pre-tax within the TFSA savings calculations while the non-registered accounts balance applies the 2019 federal and provincial/territorial tax rates.

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Taxes are an approximation and may not include surtax or other special levies such as provincial health premiums. Your actual tax rate may vary. Other registered plans are not considered (i.e., RRSP, RESP, RIF, etc.)

\r\n\r\nGovernment subsidies or other grants are not included e. eg 20% grant for RESP contributions)\r\nAll rates of return (chosen by the customer) are reflected as a full year of return in the chart.\r\n\r\n

Interest rate: Default 5.00%, range 0.00% - 15.00%
\r\nTimeline: Default is 10 years, range from 1 - 50 years

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Tax-Free and taxable investment results are approximations and do not reflect actual returns

Assumptions:

Taxes are based on the annual income entered plus any compounded growth assuming no other deductions, credits, or earnings.

Annual income assumes that this is your taxable income before taxes and deductions. Your annual income is used to estimate your combined federal/provincial marginal tax rate for the purpose of this calculator.

The initial contribution is immediate and then the incremental contributions are at the start of the "next" recurring period. (Example: customer contributes $1000 today and sets up a monthly recurring payment. The first recurring contribution does not hit the account until the first day of the second month).

Taxes are applied at the end of each year and no withdrawals are made from the account including tax which is assumed to be paid from an external account.

The growth shown is pre-tax within the TFSA savings calculations while the non-registered accounts balance applies the 2019 federal and provincial/territorial tax rates.

Taxes are an approximation and may not include surtax or other special levies such as provincial health premiums. Your actual tax rate may vary. Other registered plans are not considered (i.e., RRSP, RESP, RIF, etc.)

Government subsidies or other grants are not included e. eg 20% grant for RESP contributions) All rates of return (chosen by the customer) are reflected as a full year of return in the chart.

Interest rate: Default 5.00%, range 0.00% - 15.00%
Timeline: Default is 10 years, range from 1 - 50 years

TFSA Calculator | Saving & Investing | TD Canada Trust,AI智能索引,全网链接索引,智能导航,网页索引

    A TFSA at TD can help you reach your savings goals sooner. Find out how your TFSA contributions could grow, over time, with our TFSA Calculator.