Your RRSP contribution limit is the maximum you can deposit into your RRSP annually. For 2020, the limit is $27,230 or 18% of your pre-tax earned income – whichever is less.
|Your Earned Income||Your Contribution
(uses the 18% rule)
(uses the maximum
Note: Any contribution room you didn’t use in previous years is carried forward, meaning your personal contribution limit may be higher. Our financial planning experts can help you work out yours.