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R.R.S.P. s, R.R.I.F.s, Pension Plans, and I.P.P.s

• The maximum RRSP contribution is the lesser of 18% of the previous years earned income and:
  • $14500 for 2004
  • $16,500 for 2005
  • $18,000 for 2006
  • $19,000 for 2007
  • $20,000 for 2008
  • $21,000 for 2009
  • $22,000 for 2010
  • $22,450 for 2011
  • 2012 Indexed to inflation

  For a comparison of annual IPP vs. RRSP maximums see the following examples:

 

 

R.R.S.P. s, R.R.I.F.s, Pension Plans, and I.P.P.s

• The maximum RRSP contribution is the lesser of 18% of the previous years earned income and:
  • $14500 for 2004
  • $16,500 for 2005
  • $18,000 for 2006
  • $19,000 for 2007
  • $20,000 for 2008
  • $21,000 for 2009
  • $22,000 for 2010
  • $22,450 for 2011
  • 2012 Indexed to inflation

  For a comparison of annual IPP vs. RRSP maximums see the following examples:

  
  
  
  

   

• For IPP maximums please complete the questionnaire below
  • Annual Current Service contributions in most cases will be be higher than the current RRSP maximums
  • The initial Past Service contribution may be significant

Members of employer sponsored pension plans or deferred profit sharing plans will have their allowable RRSP contribution room reduced by an equal amount to the value of the benefit earned under these plans in the previous year. This is known as the "Pension adjustment" amount (or PA).

 

Questionnaire for Quotation of Individual Pension Plan (IPP)

• Print and or
                      (Fax)              (Snail mail)

RRSP or RRIF Withholding Tax Calculation
Withholding tax is applied on the portion of withdrawals in excess of the minimum payment as listed below:
10% for amounts up to $5,000;
20% for amounts $5000.01 to $15,000;
30% for amounts over $15,000.

RRSP Information Request Form click here

Information Request Form click here

Call us toll-free at (866) 444-2745 with questions or comments about this web site.

Copyright © 1996-2011 Hatton Financial Inc.

Last modified: September 07, 2011