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Make the Most of Your RRSP Contribution

  • Max out your contribution to save even more on your tax bill—the contribution limit is typically 18% of your income or $26,5001 for 2019, whichever is lower
  • Tip: Did you know you can redeem RBC Rewards points to make cash contributions to your RRSP? Get more details.
  • Set up a pre-authorized contribution (PAC) if you haven’t done so already and contribute regularly so you can enjoy savings without scrambling at the end of the tax year
  • Tip: RBC offers an online service called MyAdvisor that can help you build your financial future, meet with an advisor and help grow your investments—all at no additional cost. Learn more.

Here’s What You’ll Get When You Contribute

A tax break, which may mean money in your pocket

More savings for a comfortable retirement

More money in your RRSP you can use towards a house2 or continuing education3

3 Easy Ways to Contribute Before the Deadline

Don’t let March 2nd sneak up on you!

Sign In to RBC Online Banking

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Other ways to contribute

Financial planning services and investment advice are provided by Royal Mutual Funds Inc. (RMFI). RMFI, RBC Global Asset Management Inc., Royal Bank of Canada, Royal Trust Corporation of Canada and The Royal Trust Company are separate corporate entities which are affiliated. RMFI is licensed as a financial services firm in the province of Quebec.