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Understanding Your TFSA Contribution Room in 2026

A Tax‑Free Savings Account (TFSA) is one of Canada’s most flexible and powerful savings tools, but figuring out your exact contribution room can feel like solving a puzzle. A clear breakdown makes it much easier. How TFSA Contribution Room Works Your available room is made up of three parts: Annual TFSA limit for the current year Unused contribution room from previous years Withdrawals from previous years (added back the following January) For 2026, the annual TFSA limit is $7,000 . Step‑by‑Step: How to Calculate Your Room Use this simple formula: [ \text{TFSA Room} = \text{Unused Room from Prior Years} + \text{Current Year Limit} + \text{Withdrawals from Last Year} ] A quick example: Unused room from past years: $18,000 2026 limit: $7,000 Withdrawals made in 2025: $4,000 [ \text{Total Room} = 18,000 + 7,000 + 4,000 = 29,000 ] That means you could contribute $29,000 in 2026 without penalty. A Few Helpful Notes Over‑contributions lead to penalties, so it’s worth...
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"The time is always right to do what is right" by Martin Luther King Jr.

                         


Martin Luther King Jr.'s quote, "The time is always right to do what is right," is a powerful and timeless reminder of the importance of moral and ethical actions. This quote encourages individuals to act with integrity, even when facing challenging or uncertain circumstances. It emphasizes that there is never a wrong time to make a principled choice and stand up for what is just and right.

Dr. King's life and work were dedicated to advocating for civil rights and social justice, and this quote reflects his unwavering commitment to nonviolence and the pursuit of justice. It continues to inspire people to take action and make positive changes in the world, no matter when or where they find themselves. It serves as a reminder that each individual has the power to contribute to a more just and equitable society by making ethical choices and standing up for what is right.






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