3 Reasons to Contribute Now

Save on taxes: You could receive a tax refund based on the amount you contribute. For 2023, you can contribute up to $30,780* or 18% of your income, whichever is lower. To find your available RRSP contribution room, please check your latest Notice of Assessment.
Help grow your retirement savings: Contribute to your RRSP sooner3, giving your money more time to grow
Put time on your side: Savings within an RRSP are not taxed until withdrawn. The longer your money remains sheltered from taxes the better the potential opportunity for growth.

Tip image Did You Know…

Tip imageDid You Know…

  • Your money can grow faster by contributing regularly throughout the year with a pre-authorized contribution (PAC) plan.

  • You can carry over unused RRSP contribution room from previous years allowing you to put more money into your savings.

Ways to Contribute to an RBC RRSP

Don’t forget the 2023 contribution deadline is February 29, 2024.

RBC Royal Bank

Receive advice that’s shaped around your unique needs and goals and talk to an advisor about the financial matters that are on your mind.

Existing RRSP client: Contribute Online

RBC Direct Investing

Take control of your investments on a powerful trading platform that has the research, insights and tools you need to feel equipped and empowered.

Existing RRSP client: Contribute Online

RBC InvestEase

Invest online without the work and enjoy personalized advice from a Portfolio Advisor if you need it—all for a low annual management fee5

Existing RRSP client: Contribute Online