Annual RRSP dollar limit
This is the maximum annual dollar amount used in the calculation of new RRSP contribution room.
CA$ 33,810
RRSP dollar limit for 2026
Canadian RRSP Calculator
RRSP Contribution Limit Calculator 2026
Estimate your 2026 RRSP contribution limit and available contribution room based on your 2025 earned income, unused contribution room and pension adjustments.
Content written and reviewed by the Frontiers Finance team · Last updated : August 17, 2026
2026 RRSP limit
What is the RRSP contribution limit for 2026?
2026 RRSP dollar limit
CA$ 33,810
The RRSP dollar limit for 2026 is CA$33,810. New RRSP contribution room is generally based on 18% of your previous year's earned income, up to this annual dollar limit, before applicable pension adjustments.
The CA$33,810 annual limit is not necessarily the amount you personally can contribute. Unused contribution room, pension adjustments and your previous year's earned income can make your individual RRSP contribution room different.
Estimated result
Complete the form and click "Calculate contribution room".
RRSP contribution limits by year
The CRA sets an RRSP dollar limit for each year. This annual maximum is used when determining how much new RRSP contribution room you can generate.
| Year | RRSP dollar limit | Status |
|---|---|---|
| 2027 | CA$ 35,390 | 2027 announced limit |
| 2026 | CA$ 33,810 | Current 2026 limit |
| 2025 | CA$ 32,490 | — |
| 2024 | CA$ 31,560 | — |
| 2023 | CA$ 30,780 | — |
| 2022 | CA$ 29,210 | — |
RRSP dollar limits shown are published by the Canada Revenue Agency.
RRSP contribution limit vs. contribution room
The annual RRSP dollar limit and your personal contribution room are related, but they are not the same amount.
Your personal RRSP contribution room
Your available room depends on your earned income, unused room carried forward, pension adjustments, pension adjustment reversals, past service pension adjustments and contributions already made.
How is RRSP contribution room calculated?
The CRA generally starts with unused RRSP deduction room from the previous year, adds newly generated room based on income, and then applies relevant pension adjustments.
RRSP contribution room formula
Unused RRSP deduction room carried forward from the previous year
+The lesser of 18% of previous-year earned income or the annual RRSP dollar limit
−Pension adjustment (PA), where applicable
+Pension adjustment reversal (PAR), where applicable
−Net past service pension adjustment (PSPA), where applicable
=Estimated RRSP deduction limit
This simplified formula is intended to explain the main components used by the CRA. Your official RRSP deduction limit may include additional circumstances.
Key RRSP contribution rules
New contribution room is generally based on 18% of your previous year's earned income.
For 2026, the RRSP dollar limit is CA$33,810.
Pension adjustments and past service pension adjustments can reduce your RRSP room, while a pension adjustment reversal can restore room.
Unused RRSP deduction room can generally be carried forward to future years.
Important information
Your personal RRSP deduction limit is the maximum amount you can generally deduct for the year. The most reliable amount is the one calculated by the Canada Revenue Agency.
This calculator provides an estimate only. Verify your official RRSP deduction limit before making contributions or claiming a deduction.
What happens if you exceed your RRSP contribution limit?
The CRA generally imposes a monthly tax when unused RRSP contributions exceed your RRSP deduction limit by more than the permitted CA$2,000 amount.
General excess amount threshold
CA$ 2,000
Potential excess contribution tax
1% per month
The CA$2,000 amount is not additional tax-deductible contribution room. Individual circumstances and exceptions can apply.
Where can you find your official RRSP deduction limit?
Your calculator result is an estimate. The CRA provides your official RRSP deduction limit through several sources.
Notice of Assessment
Check the RRSP Deduction Limit Statement on your latest Notice of Assessment or reassessment.
CRA account
Your RRSP deduction limit can also be viewed through your CRA account.
Form T1028
The CRA may issue Form T1028, Your RRSP Information, when certain RRSP information changes.
RRSP contribution limit FAQ
What is the RRSP contribution limit for 2026?
The RRSP dollar limit for 2026 is CA$33,810. Your personal contribution room may be higher or lower depending on unused contribution room, previous-year earned income and pension adjustments.
Is the RRSP contribution limit always 18% of income?
Not exactly. New room is generally based on the lesser of 18% of your previous year's earned income and the annual RRSP dollar limit, before applicable pension adjustments.
Does unused RRSP contribution room carry forward?
Unused RRSP deduction room can generally be carried forward and added when determining your deduction limit for future years.
Where can I find my exact RRSP contribution limit?
Check the RRSP Deduction Limit Statement on your latest CRA Notice of Assessment or reassessment, your CRA account, or applicable CRA RRSP information forms.
What happens if I contribute too much to my RRSP?
The CRA generally charges a 1% monthly tax on unused RRSP contributions that exceed your RRSP deduction limit by more than CA$2,000. The rules can vary depending on your circumstances.
Official sources
RRSP information from the Canada Revenue Agency
The limits and general rules used on this page are based on information published by the Canada Revenue Agency.
Related guides
Learn More About RRSPs
Learn how RRSP contribution room is calculated and how an RRSP compares with a TFSA.
How Is RRSP Contribution Room Calculated?
Learn how the 18% rule, unused contribution room, pension adjustments and other factors can affect your RRSP contribution limit.
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TFSA or RRSP: Which One Should You Choose?
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