Just a reminder that the RRSP/TFSA deadline is approaching. Here's what you need to know:

  • The 2015 RRSP contribution deadline is February 29, 2016
  • The 2015 RRSP maximum contribution limit is $24,930
  • To determine your 2015 RRSP contribution limit, check your 2014 Notice of Assessment
  • The 2016 RRSP maximum contribution limit is $25,370
  • The 2016 TFSA contribution limit is $5,500
  • The total TFSA contribution limit since inception is $46,500

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.