TFSA Calculator

After-tax in, tax-free out. See your Tax-Free Savings Account grow with nothing owed to the CRA on the gains.

📖 About this tool

What it does

Projects a TFSA forward. Contributions are after-tax, but all growth and withdrawals are completely tax-free and never count as income — so they do not claw back income-tested benefits.

Who this helps

Every Canadian saver, especially those in lower brackets now or who want flexible, tax-free access — and retirees protecting OAS from clawback.

What it doesn't do

Assumes a smooth return and that you stay within your accumulated room. Over-contributions are penalised 1%/month — not modelled.

Inputs

Your TFSA

Your TFSA

TFSA Value Over Time
Year-by-Year
YearBalanceInvestedGains