Registered Contributions Tracker
Keep track of your remaining TFSA and RRSP contribution room.
Provide Calculator FeedbackMonitoring your TFSA (Tax-Free Savings Account) and RRSP (Registered Retirement Savings Plan) contribution room is essential for managing your investments and maximizing tax benefits. This tracker helps you stay within your allowable limits, avoid penalties, and make the most of your savings.
Why Track Your TFSA and RRSP Contribution Room?
- Avoid Overcontribution Penalties — TFSA excess contributions are taxed at 1% per month, while RRSP overcontributions beyond the $2,000 buffer may be penalized.
- Maximize Tax-Free & Tax-Deferred Growth — Keeping track of your limits ensures you fully benefit from tax-free investment growth in a TFSA and tax-deferred savings in an RRSP.
- Carry Forward Unused Contribution Room — Both accounts allow unused room to accumulate, giving you more flexibility in future years.
- Plan Withdrawals Strategically — TFSA withdrawals increase your contribution room the next year, while RRSP withdrawals are taxable and do not restore contribution room (except under the Home Buyer's or Lifelong Learning Plans).
Keeping an accurate record of your TFSA and RRSP contributions helps you optimize your retirement savings, avoid unnecessary taxes, and build long-term wealth.
How to Use the Contribution Room Tracker
- Enter your past contributions to see how much room you have left.
- Track your available TFSA & RRSP space to avoid exceeding limits.
- Plan future contributions based on your updated room.
TFSA Contributions
Previous Contributions
Date
Type
Amount
Add New Contribution
Account Inception:
Current Year Remaining Contribution Room: $102,000.00
Disclaimer
This TFSA & RRSP Contribution Room Tracker is a tool designed to help you estimate your available contribution room based on the information you provide. While we strive to ensure accuracy, this tool does not replace official records from the Canada Revenue Agency (CRA).
We are not responsible for any errors, omissions, or miscalculations that may result from incorrect data entry, changing contribution limits, or updates to tax regulations. To confirm your exact contribution room, please refer to your CRA My Account or consult a financial professional.
By using this tool, you acknowledge that it is for informational purposes only and should not be considered official financial or tax advice.
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