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TFSA Indexation Calculation Formula
July 14, 2022
1:38 pm
Vatox
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Okay I have located my old spreadsheet and can go through it with anyone that wants to. Post here if you are interested, or PM me.

July 14, 2022
2:48 pm
Loonie
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I think it's too complicated for me, too much of a struggle with my limited vision, but it's good to know you have it.
I just like to know what is the forecast for the next year, which I understand from your previous posts to be $6500.
Thanks.sf-smile

July 14, 2022
3:18 pm
Dean
Valhalla Mountains, British Columbia
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Loonie said

. . .

I just like to know what is the forecast for the next year, which I understand from your previous posts to be $6500.
Thanks.sf-smile  

Vatox is not alone ... most predictions (including mine) for next year's TFSA contribution limit, are for $6.5K

We can hope for $7.0K, but it's not likely to happen. sf-confused

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

July 14, 2022
3:51 pm
cgouimet
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Dean said

Vatox is not alone ... most predictions (including mine) for next year's TFSA contribution limit, are for $6.5K

We can hope for $7.0K, but it's not likely to happen. sf-confused

    Dean

  

$6.5k is a go. $7k is not in the cards.

See my calcs in https://www.highinterestsavings.ca/forum/tax-free-savings-accounts/looking-towards-2023-tfsa-contribution-room/

Bottom line is if you want a $7k 2023 TFSA limit, wish for, and get, 17+% inflation Jun-Sep...

CGO
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