Important 2022 RRSP Contribution Information

February 08, 2022 | Thomas de Mello


RRSP Contribution Information

RRSP Contribution Deadline:

The RRSP contribution deadline for the 2021 tax year is March 1, 2022. Your contribution limit for 2021 is 18% of your 2020 earned income, to a maximum of $27,830, with certain adjustments (e.g. less any Pension Adjustment appearing on your T4 tax slip and plus any unused contribution room carried forward from previous years).

For your exact contribution limit, check your latest Notice of Assessment, Notice of Reassessment or T1028 form, or log on to your Canada Revenue Agency account at

You can also make your 2022 contribution any time starting January 1, 2022 to benefit from additional tax-deferred compounding. The maximum RRSP contribution room you can earn for 2022 is $29,210.


RRSP Contribution Options:

To arrange your 2021/2022 RRSP contributions, please contact me at 604-665-9456 or by email at Alternatively, you can contact our associate, Anton Villareal, at 604-257-7272 or by email at

Online Transfers: If you have a bank account with RBC, you can also make a contribution by transferring funds to your RBC Dominion Securities RRSP account directly from any RBC Royal Bank account through DS Online. Please find detailed instructions for making real time contributions through the following link: Real-Time Funds Transfers