You might have $150,000 in RRSP room sitting unused. 1. Your 2026 RRSP limit is 18% of what you earned in 2025, capped at $33,810 — so a $100,000 income gives you exactly $18,000 in new room, not a dollar more. → $33,810 2. Unused RRSP room never expires — it carries forward indefinitely, which means if you’ve been working since 22 and never contributed, you could be sitting on a massive accumulated limit without even knowing it. 3. If you have a workplace pension, check Box 52 on your T4 — that Pension Adjustment number gets subtracted from your RRSP room, so a $7,000 PA on a $20,000 base leaves you only $13,000 to work with. → $7,000 4. Go over your limit by more than $2,000 and CRA hits you with a 1% monthly penalty tax — so always verify your exact room on CRA My Account before contributing. → 1% Full guide 🌐 getwealthy.blog #canadafinance #personalfinance #canadianmoney #moneytips #canada
Certified Financial Planner (CFP) and Chartered Investment Manager (CIM) with over 17 years of experience in Canadian personal finance. Spent 10+ years at one of Canada's Big Five banks, the last 7 focused exclusively on high-net-worth clients. Every guide is written with the same depth I bring to real client work — Canada-specific, CRA-verified, and always free.