RRSP Calculator
Calculate your RRSP growth and tax savings. Project your retirement income based on current contributions.
RRSP Calculator
Estimate your 2026 contribution room, tax savings, and long-term RRSP growth.
Room is 18% of this, up to $33,810
From your CRA Notice of Assessment
2026 RRSP Contribution Limit
For the 2026 tax year, the RRSP contribution limit is $33,810 or 18% of your previous year's earned income, whichever is less. Unused contribution room carries forward indefinitely. Contributions made by March 2, 2026 can be deducted on your 2025 tax return.
Frequently Asked Questions
What is the RRSP contribution limit for 2026?
The 2026 RRSP contribution limit is $33,810, or 18% of your 2025 earned income, whichever is lower. Your personal limit is shown on your CRA Notice of Assessment.
When should I contribute to RRSP vs TFSA?
Generally: contribute to RRSP when you are in a higher tax bracket (peak earning years) because RRSP deductions reduce your taxable income. Use TFSA when you're younger/lower income since TFSA withdrawals are tax-free regardless.
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