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Contributing to an RRSP

This page includes information about contributing to your RRSP, or to a spousal or common-law partner RRSP.

Age limit for contributing to an RRSP

Since 2007, December 31 of the year you turn 71 year of age is the last day you can contribute to your RRSP. See Options when turning 71 if this situation applies to you.

Topics about Contributing to an RRSP

How much can I contribute? How much can you contribute to your RRSPs or to your spousal or common-law partner RRSPs?	How much can I deduct? How much RRSP contributions can you deduct on your tax return?
Self-directed RRSPs Information on eligible investments which you can self-directed.	Spousal or common-law partner RRSPs Can you contribute to your spousal or common-law partner RRPS.
Excess contributions A tax of 1% per month may apply to certain excess contributions.	Unused contributions How to deduct your unused RRSP contributions from preceding years.
Completing your tax return Information regarding line 208 of your tax return.	Keeping track of your contributions and deductions How to carryforward your undeducted RRSP contributions to a future year (Schedule 7).
Foreign content Information regarding foreign property in RRSPs or RRIFs.	Questions and answers Frequently asked questions about RRSPs.
Important dates RRSP, HBP and LLP	RRSP implications - changes to three public service pension plans

Canada Savings Bonds

You can transfer your holdings of past series compound-interest Canada Savings Bonds to your RRSPs or your spouse's RRSPs or common-law partner's RRSPs. The amount you transfer is considered a contribution to the RRSP. For more information, contact your RRSP issuer.

Situations not considered "contributing to your RRSP"

The following situations are not considered "contributing to your RRSP" for the purpose of claiming a deduction. Find out the special rules that apply if you: