February 2012 Archives

Deadline approaching for 2011 RRSP contributions

Canadians should be advised that February 29, 2012 is the last day you can contribute to a RRSP for the 2011 tax year.

According to the Canada Revenue Agency web site, "Registered Retirement Savings Plans (RRSPs) are one of the most popular investment vehicles for Canadians. According to Statistics Canada, 6 out of 10 Canadian families held RRSPs in 2005."

The most recent information about your RRSP deduction limit is available through My Account at www.cra.gc.ca/myaccount.

View our list of important dates and deadlines for 2012.