If you intend on making RRSP Contributions as a part of your annual tax planning, you’ll need to know your maximum allowable contribution limit. To find out, log into the Canada Revenue Agency’s My Account service and click on the RRSP and TFSA tab. Click on RRSP and you will be directed to a page displaying your current deduction limit.
If you want more information, click on the RRSP link. From here, you will have access to information regarding how your contribution limit has been calculated as well as your contribution history and any unused contributions available for deduction in the current year.
Register for a CRA My Account.
Learn more about registering for a CRA My Account.
