RRSP Tax Savings Calculator

Find out how much money you can save by contributing to your RRSP every year

Yearly RRSP Contribution:

Gross Income:

Select Province/Territory:

Results:

RRSP Tax Savings:

Assumptions / Facts:

The maximum allowable RRSP contribution for a year is stated on the Notice of Assessment from the previous year's tax return.
The tax savings calculations depend on the province entered by the user and the gross income entered by the user. They may or may not change year by year.

NOTE: These calculators are for illustrative purposes only and will provide estimated results. Exact results will depend on personal tax situations and other factors. To obtain exact results consult a professional.