TFSA Indexation Calculation Formula | Tax Free Savings Accounts | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
sp_Search Search
Advanced Search
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Search Search
Go to Bottom
No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
TFSA Indexation Calculation Formula
July 14, 2022
1:38 pm
Vatox
Member
Members
Forum Posts: 1218
Member Since:
October 29, 2017
sp_UserOfflineSmall Offline
Go to Top
1sp_Permalink sp_Print

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
Member
Members
Forum Posts: 9410
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline
Go to Top
2sp_EditHistory sp_Permalink sp_Print

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
Member
Members
Forum Posts: 2205
Member Since:
January 12, 2019
sp_UserOfflineSmall Offline
Go to Top
3sp_Permalink sp_Print

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
Member
Members
Forum Posts: 1564
Member Since:
February 7, 2019
sp_UserOfflineSmall Offline
Go to Top
4sp_Permalink sp_Print

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
No permission to create posts
sp_Feed All RSS
Go to top

Please write your comments in the forum.