Canadians are increasingly relying on their own resources to fund their retirements. In addition to determining your allowable contribution, this RRSP Limit calculator allows you to compare three different RRSP contributions to illustrate the tax savings and after tax amount for each contribution.
The RRSP Limit calculator uses a detailed earned income with pension adjustment(s), and unused RRSP room. Additionally, this calculator considers where you live, and illustrates your tax savings based on federal and provincial taxes and surtaxes.
To assist in planning, related calculators include: