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What are the current RRSP deduction limitations?
Year RRSP Dollar Limit Income Required For Max Contribution
(Following Year)
2009

$20,000

$111,111

2010

$21,000

$116,666

2011

$22,000

$122,222

2012

$22,970

$127,611

2013

$23,820

$132,333

2014

$24,720

$137,333

2015

$24,930

$138,500

2016

$25,370

$140,945

2017

$26,010

$144,500

A reminder that the seven year RRSP eligibility carry forward was eliminated in the 1996 budget. This allows the taxpayer to utilize any unused eligibility in the year of their choice.

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