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If I open a new TFSA in 2018, can I put $57,500 in the account – the total from 2009 to 2018?



Our response:

If you have never contributed to a Tax-Free Savings Account (TFSA) and you were eligible and at least 18 years of age in 2009 – the first year the TFSA was available – you should be able to contribute up to the full amount.

To check your TFSA contribution limit, you can use these Canada Revenue Agency services:

Learn more about TFSAs on

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