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1 vote
1 answer
583 views

How do Ontarians calculate optimal RRSP contribution?

Pls see my dad in Ontario's facts. He maxed out his TFSA, and his annual pre-tax income (henceforward "APTI") is $50K. CRA website shows his 2019 RRSP deduction limit is $100K. If I ...
user avatar
1 vote
2 answers
148 views

Deciding on RRSP carryover amount

I'm trying to do a last minute lump-sum RRSP contribution. I have an idea of how much I'd like to contribute/carry forward, but this is my first time making a significant RRSP contribution, so I'd ...
Matt K's user avatar
  • 121
2 votes
1 answer
89 views

Is my contribution to my company pension plan (not RRSP) considered tax deductible?

My employer (a big bank in Canada) has a pension plan where I am allowed to make optional contributions. There is no matching contribution from the employer, but they do already contribute a tiny ...
Victor123's user avatar
  • 16k
1 vote
1 answer
126 views

Should I contribute to my RRSP or wait?

I am Canadian and I have a large amount of RRSP contribution room. I do have money to contribute, but I will have no taxable income this year. Should I make my RRSP contributions now, or save the ...
Jenna's user avatar
  • 11