January 2018 – March 1st 2018 is the deadline to top up or make your RSP contribution • The 2017 maximum RSP contribution limit is $26,010. If you’re unsure how much you can contribute, your 2016 Notice of Assessment (from last year’s tax return) will give you the exact amount of your 2017 RSP room. • Its not too early to make your current year RSP contribution too. The 2018 the maximum RSP contribution room is $26,230. • Rather than wait for a tax refund, file a T1213 with CRA to get their approval so that your employer doesn’t have to deduct tax at source on the amount you contribute to your RRSP.
2017 RSP Contribution deadline
by Heidi Pullem | Mar 2, 2018 | Tips