The new year brings some notable increases in savings and pension plan limits from the Canada Revenue Agency (CRA) - and a ...
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RRSP contribution limit 2026: New maximum announced and how to calculate yours
Planning your retirement savings just got a little easier with the CRA’s announcement of the 2026 RRSP contribution limit.
The RRSP contribution limit has risen to $33,810 for 2026, up from $32,490 in 2025. This increase is determined as 18% of your previous year’s income, subject to a maximum cap, along with any unused ...
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RRSP deduction limit in 2026: How much you can contribute and claim this year
The RRSP deduction limit for 2026 has increased, giving Canadians more room to save for retirement while reducing their ...
A recent BMO survey found 38 per cent of Canadians dip into their RRSPs early for one reason or another. If holiday debt has you eyeing your RRSP savings it’s important to know that early withdrawals ...
Buying a new home is a major financial decision with a hefty price tag. But is it worth slowing down your retirement savings ...
I started by saying that I assume he had fully maxed out his RRSP contributions, at which point he interrupted me, and said, emphatically, “I don’t believe in RRSPs.” I was dumbfounded. Didn’t believe ...
A client who plans to withdraw from their TFSA in early 2026 should consider making the withdrawal now, before year-end. “Doing so will allow for recontributions as early as January 1, 2026, as ...
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