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Contribution Limits

 

RRSP Limits
(see NOTE)

Money Purchase Limits

2013

$23,820

$24,270

2014

$24,270

*

2015

*

*

2016

*

*

NOTE: The maximum RRSP contribution is restricted to 18% of the prior year’s earned income, minus any prior year’s Pension Adjustment, minus any current year’s Past Service Pension Adjustment, plus any current year’s Pension Adjustment Reversal.

*increases by increase in the Average Wage.