RRSP Contribution Limit: How Much Can You Actually Contribute?

Описание: Wondering how to calculate your RRSP contribution limit and avoid costly mistakes? Learn how to find your exact RRSP contribution room using CRA tools, understand the difference between deduction and contribution limits, and discover what happens with RRSP over-contribution penalties.

In this video, I break down everything Canadian professionals and business owners need to know about RRSP contribution limits:

✅ How to accurately calculate your RRSP contribution room
✅ Where to find your official CRA deduction limit
✅ The critical difference between contribution and deduction limits
✅ RRSP over-contribution penalties and how to fix them
✅ Maximizing your RRSP tax refund without triggering CRA issues

TIMESTAMPS:
00:00 - Introduction
01:28 - How to Calculate Your RRSP Contribution Room
02:13 - Where to Find Your Official CRA Number
02:45 - What Happens If You Over-Contribute (Penalties Explained)

Whether you're looking to maximize your RRSP tax deductions or ensure you're staying within your contribution room, this guide covers the RRSP basics every Canadian needs to understand.

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