Good Morning,
Please follow the link below to view the client guide which summarizes the upcoming dates and tax information required to complete your 2023 taxes.
As a reminder, the 2023 RRSP contribution deadline is Feb 29, 2024.
Here’s how your RRSP contribution room is generally calculated (there may be other factors depending on your individual situation):
Start with 18% of your 2022 earned income, or $30,780 (whichever is less).
Subtract any Pension Adjustment appearing on your 2022 T4 tax slip.
Add any unused RRSP contribution room carried forward from previous years.
Quick TIP = Making your 2024 tax year contribution
You can start making RRSP contributions for the 2024 tax year as early as January 1, 2024. The contribution limit is rising to $31,560 for 2024.
If you have not made your contributions and require assistance, please contact us.
Have great day,
Devin