Maximum annual RRSP contribution limits

The following table shows the maximum annual RRSP contribution limit.


Maximum annual RRSP Contribution Limits
YearContribution Limit
2014 $24,270
2013 $23,820
2012 $22,970
2011 $22,450
2010 $22,000

Click here for annual RRSP contribution limits of previous years

Your allowable RRSP contribution for the current year is the lower of:

  • 18% of your earned income from the previous year, or
  • The maximum annual contribution limit for the taxation year, or
  • The remaining limit after any company sponsored pension plan contributions.

Frequently asked questions about RRSPs (FAQ)

Spousal or common-law partner RRSP

How to deduct employment expense - union and professional dues

What is child care expense deduction?

Additional information