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11:25 am
July 9, 2011
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PeteW
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No matter how I query it, no site tells me if you must stick to a monthly or annual deposit protocol; or if you may put in $2,500 in March and another $2,000 in July.
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11:33 am
July 9, 2011
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Peter
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You can contribute at any rate you'd like, even a dollar a day. Just remember that withdrawals affect your contribution room until the next calendar year.
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4:03 pm
July 9, 2011
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PeteW
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Thanks. So to ask the question slightly differently, if I started at $1 down and a dollar a day, could I switch to lump sums two months later? Just to confirm you understood.
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4:31 pm
July 9, 2011
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Peter
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Yup, the rate of contribution can be different throughout the year as well.
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5:52 pm
July 9, 2011
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Doug
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PeteW, yes you can contribute whatever amounts you want. I would caution you, though, if you plan on reaching your contribution limit (current year plus unused in previous years) to track your contributions amongst all your TFSAs so as not to incur the penalty tax from CRA for over-contributions. 
Cheers,
Doug
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5:22 am
July 10, 2011
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PeteW
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Thanks, Peter & Doug. Will tread carefully and hope that interest rates reach the point where it's actually worth sheltering.
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