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CRA announces TFSA limit for 2023

The TFSA contribution limit for 2023 has been officially released. That limit is $6,500, up from $6,000, which was the amount set from 2019 to 2022.

The increased TFSA limit for 2023 “is great news to those who have the resources to utilize their full contribution room,” said Aaron Hector, private wealth advisor with CWB Wealth in Calgary.

Click here to read the full article by Rudy Mezzetta, published by Investment Executive.