Official CRA Rules & Knowledge Hub
Authoritative Guides to Canadian Registered Accounts.
Clear, practical, plain-English explanations of CRA tax laws, contribution limit history, rollover mechanics, and overcontribution penalties.
TFSA Guide
2026 Limits
TFSA Contribution Limits & CRA Rules Guide
Master the Tax-Free Savings Account: 2009–2026 historical limits ($7,000 in 2026), the January 1 withdrawal rollover rule, newcomer eligibility, and avoiding the 1% CRA penalty.
- $7,000 annual limit in 2026 ($109,000 lifetime cumulative)
- Withdrawal dollar amounts restore on January 1 next year
- Investment gains & losses do not change room
RRSP Guide
Tax Deductions
RRSP Deduction Limits, NOA & HBP Guide
Understand your Notice of Assessment deduction limit, the 18% earned income formula, the first 60 days rule, and the expanded $60,000 Home Buyers' Plan (HBP).
- $32,490 maximum dollar cap for 2026 (18% earned income)
- How to read Line A, Line B, and Line C on your NOA
- $60,000 tax-free Home Buyers' Plan withdrawal rules
FHSA Guide
First Home
FHSA Rules, Limits & Down Payment Strategy
Everything first-time home buyers need to know: the $8,000 annual limit, $40,000 lifetime ceiling, carry-forward mechanics, and combining with RRSP HBP.
- $8,000/yr deposit limit with $8,000 max carry-forward
- 100% tax-free qualifying withdrawal for first home
- Can combine with RRSP HBP for $100k+ solo / $200k+ couple