RRSPs & TFSAs: Deadlines And Limits

Are you ready? The 2014 RRSP contribution deadline is fast approaching! Here are the 2014 RRSP deadlines and contribution limits you need to know:

• The 2014 RRSP contribution deadline is March 2, 2015
• The 2014 RRSP maximum contribution limit is $24,270
• To determine your 2014 RRSP contribution limit, check your 2013 Notice of Assessment

Here are the 2015 contribution limits:

• The 2015 RRSP maximum contribution limit is $24,930
• The 2015 TFSA contribution limit is $5,500
• The total TFSA contribution limit to date is $36,500

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.