2026 estimate
RRSP tax savings
Deduction value of a contribution, capped at the 2026 dollar limit of $33,810. Not a filed return.
Counted contribution
$8,000.00
Tax before
$19,736.55
Tax after
$17,362.75
Estimated tax saved
$2,373.80
The 2026 dollar limit is $33,810.00. Your real room is 18% of last year’s earned income, minus any pension adjustment, plus unused room on the Notice of Assessment. This caps the deduction at the dollar limit and ignores room you already have.