FAQ: How Are Future CPP, OAS, TFSA/RRSP Contribution Room and Tax Rates Indexed?

The government benefit values, tax rate thresholds, tax credits etc are all automatically adjusted by inflation each year. The current long-term inflation assumption in the platform is +2.1%, this is the FP Canada standard that all CFPs in Canada should be using for their projections.

TFSA and RRSP contribution limits are also increased with long-term inflation assumptions. TFSA room is rounded to the nearest $500.