Question: how much money can you deposit in a tax free savings account?
Answer: The annual TFSA dollar limit for the year 2015 was $10,000. The annual TFSA dollar limit for the year 2016 and 2018 was $5,500. The annual TFSA dollar limit for the year 2019 is $6,000. The TFSA annual room limit will be indexed to inflation and rounded to the nearest $500.