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0 0.00383052814857806 0.00522344747533372 0.00197330237957052 -0.000728961114335537 -5.45560069645206E-05 -0.00266976204294835 -0.00215753917585606
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What Is the RRSP Contribution Deadline for the 2025 Tax Year? [Yahoo! Finance Canada]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Doing your taxes pays you more than you can imagine with a Registered Retirement Savings Plan (RRSP). What is the RRSP contribution deadline for the 2025 tax year? The 2025 RRSP contribution limit is $32,490. The last day to make contributions for the 2025 tax year is March 3, 2026. Mark this date, as the investment can save you thousands of dollars in tax liability. Let's look at a scenario. Mary has a taxable income of $182,500. She stalls tax planning and ends up paying a tax liability of $38,121. If she spends two days doing taxes and investing in an RRSP, she can reduce her tax rate from 29% to 26%. Taxable income threshold for 2025 Tax rate Mary's Taxable Income Mary's Tax Amount Mary's Taxable Income after RRSP Contribution Tax after RRSP contribution $57,375 or less, plus over $57,375 up to $114,750, plus over $114,750 up to $177,882, plus over $177,882 up to $2 Total RRSP contributions reduce your taxable income. If Mary contributes $32,490 to Show less Read more
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