How do I determine the contribution limits for an RRSP or TFSA?
Registered Retirement Savings Plan (RRSP) deduction limits or “contribution room” can be found on your latest notice of assessment or notice of reassessment. TFSA contribution room is limited to the maximum annual contribution limit including any carried over amount.
To view your latest notice of assessment or reassessment and check your TFSA contribution limits, you may use the CRA’s My Account or by calling the Tax information Phone Service (TIPS).
Learn about contributing to registered accounts by visiting the RRSP and TFSA contributions page on GetSmarterAboutMoney.ca