Is there a limit to how much can be contributed into my RRSP plan?

Article author
Nneka

Yes, there is an annual cap of $29,210 CAD for 2022. Because this is an employee-owned RRSP account, it is the employee’s responsibility to track how much has been contributed and inform Remote to stop RRSP contributions once the limit has been reached. This limit is the combination of both the employer (if applicable) and employee contributions.

Was this article helpful?

0 out of 0 found this helpful

Have more questions? Submit a request

Comments

0 comments

Article is closed for comments.