RRSP contribution limit for 2026
The RRSP dollar limit for 2026 is $33,810. Your new room is 18% of your 2025 earned income up to that maximum, less any pension adjustment.
Last updated
| Year | RRSP dollar limit | Earned income needed the year before |
|---|---|---|
| 2027 | $35,390 | $196,612 |
| 2026 | $33,810 | $187,834 |
| 2025 | $32,490 | $180,500 |
| 2024 | $31,560 | $175,334 |
| 2023 | $30,780 | $171,000 |
| 2022 | $29,210 | $162,278 |
| 2021 | $27,830 | $154,612 |
| 2020 | $27,230 | $151,278 |
The Canada Revenue Agency publishes each limit a year ahead, so 2027 is already known. The last column is the dollar limit divided by 18%.
The 18% rule
The dollar limit is a ceiling. Your own room for 2026 is the lesser of two numbers: 18% of your earned income in 2025, or $33,810.
Someone who earned $90,000 in 2025 gets $90,000 × 18% = $16,200 of new room. Someone who earned $220,000 would calculate $39,600 and is capped at $33,810.
Two adjustments follow. A pension adjustment from a workplace pension plan reduces the new room. Unused room from earlier years is added on top. The total is your deduction limit, and it is printed on your notice of assessment.
The contribution deadline
Contributions count for a tax year if they are made during that year or in the first 60 days of the next one. For the 2026 tax year the deadline is March 1, 2027.
That date is the 60th day of 2027. The Canada Revenue Agency has not yet listed it on its important dates page, which still shows March 2, 2026 for the 2025 tax year. When the 60th day falls on a weekend, the deadline moves to the next business day.
A separate cut-off applies by age. December 31 of the year you turn 71 is the last day you can contribute to your own RRSP.
Common questions
What is the RRSP contribution limit for 2026?
The RRSP dollar limit for 2026 is $33,810. Your own new room is 18% of your 2025 earned income up to that amount, minus any pension adjustment.
What is the RRSP contribution deadline for the 2026 tax year?
March 1, 2027. Contributions made in the first 60 days of 2027 can be deducted on your 2026 return.
How much do I need to earn to get the maximum RRSP room in 2026?
$187,834 of earned income in 2025. 18% of that reaches the $33,810 dollar limit.
Does unused RRSP room carry forward?
Yes. Room you do not use is added to your deduction limit for the next year. Your notice of assessment shows the total.
When do I have to stop contributing to an RRSP?
December 31 of the year you turn 71 is the last day you can contribute to your own RRSP.
Run your own numbers
- Canadian tax calculatorFind your marginal rate to see what an RRSP deduction is worth.
- Retirement income calculatorSee the retirement income your RRSP savings could support.
Related reading
Sources
- CRA: MP, DB, RRSP, DPSP, ALDA, TFSA limits, YMPE and the YAMPERetrieved
- CRA: How contributions affect your RRSP deduction limitRetrieved
- CRA: Important dates for RRSPs, HBP, LLP, FHSAs and moreRetrieved
- CRA: Contribution yearRetrieved
Loonie Nest provides financial education, not financial, tax, or legal advice. The official source governs if a figure here differs from it.