RRSP or TFSA? Let’s Find the Best Match for Your Goals
Whether you’re looking to save money, reduce your taxes, or grow your wealth—RRSPs and TFSAs are powerful tools to help you get there.
Why Choose an RRSP or TFSA?
Tax-efficient growth
Flexible contributions
Automatic savings options
Personalized advice from our Wealth team
Let’s develop a strategy that fits your goals.
Not sure which one fits your financial goals best?
We’re here to help. Connect with a Wealth Advisor.
Know Your Contribution Limits
Before you contribute, it’s important to understand how much room you have. The Canada Revenue Agency (CRA) sets annual limits for both RRSPs and TFSAs:
- RRSP Limit for 2026: Up to 18% of your earned income, to a maximum of $33,810. You can find your personal RRSP contribution room by logging into your CRA My Account.
- TFSA Limit for 2026: $7,000, unchanged from 2025. If you’ve been eligible since 2009 and have never contributed, your total lifetime contribution room is now $109,000.
You can check your personal contribution room by logging into your CRA My Account.
Explore Your Options
Want to learn more? These resources will help you compare and understand your choices:
Ready to Take the Next Step?
We’re here to help you grow your savings with confidence—and reach your financial goals.
