RRSP/RPP/TFSA/DPSP Contribution Limits

RRSP / RPP / TFSA / DPSP Contribution Limits

Limits are 18% of earned income to a maximum of the noted amount.

Limits may be subject to the previous year pension adjustment – applicable by product.

Money purchase RPPs$26,500$27, 230
Defined benefit RPPs
maximum pension benefit (per year of service)
1/9 of money purchase limit
Account (TFSA)
$5,500$6,000$6,000 per year plus indexed amount, if applicable
Deferred Profit Sharing Plan (DPSP)
$13,250$13,615½ of money purchase RPP limit

This document is intended for the purposes of providing general information and should not be construed as advice. Health Risk Services Inc. disclaims any and all responsibility or liability that may be asserted or claimed arising from, or claimed to have arisen from, reliance upon the use of the information by any person.