How to determine RRSP contribution limit this tax season [BNN Bloomberg (Canada)]
Manulife Financial Corporation (MFC)
Last manulife financial corporation earnings: 2/12 05:00 pm
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Source: BNN Bloomberg
Canadians have until March 2 to contribute , according to the Canada Revenue Agency. Julie Seberras, Manulife's head of wealth planning and practice management says your 2025 RRSP contribution limit is based on 18 per cent of your 2024 earned income, up to a maximum of $32,490. “Don't worry, you don't need to calculate that number yourself,” says Seberras. “The CRA provides that for you on your notice of assessment.” Seberras says your 2025 contribution limit would have showed on your 2024 notice of assessment when you filed your taxes. Group RRSPs reduce contribution limit Seberras says contributions made in a group RRSP by you and your employer however will reduce your contribution limit for the current tax year. “Make sure that you're not overlooking the money that your employer has put in on your behalf as well, because that counts against your contribution room,” says Seberras. She says RRSPs offer tax benefits, especially for high-income earners, and are essential
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MFC
Earnings
- 2/11/26 - Beat
MFC
Sec Filings
- 2/20/26 - Form 6-K
- 2/13/26 - Form 13F-NT
- 2/12/26 - Form 6-K
- MFC's page on the SEC website