Guides › Where to Find Your RRSP Deduction Limit (CRA)
Where to Find Your RRSP Deduction Limit (CRA)
General information only. Not financial, tax or investment advice. This site is independent and is not the Canada Revenue Agency (CRA). Check canada.ca and your CRA My Account for your own figures. Last checked against CRA pages: October 17, 2026. Examples use made-up numbers. No advertising or affiliate links appear on this page.
Short answer: CRA says your RRSP deduction limit is shown on your latest notice of assessment, notice of reassessment, or Form T1028 (Your RRSP, HBP, LLP or FHSA information), and you can view your RRSP information by signing in to your CRA account.
Steps
- Sign in to your CRA account (My Account) and open your RRSP information.
- Or locate your latest notice of assessment; it normally includes the limit for the following year.
- If you have neither, CRA says to contact it (see canada.ca).
Things to check
- Your notice reflects returns CRA has assessed; if you haven't filed prior years, room statements may be out of date. CRA says to file all returns to keep records current (this advice appears on its FHSA page; the principle is general).
- Contributions you made in the first 60 days of the year may count for the previous year; see key dates.
- Pension adjustments from your employer reduce your new room.
Over the limit?
You can exceed your limit by up to $2,000 without the 1% monthly tax (CRA, 2025 page). See the penalty explained.
FAQ
Can I trust a bank's room calculator? It's only as good as the inputs; CRA's figure is the one that counts.
What is a T1028? A CRA form showing your RRSP information when it is issued.
What we could not verify
- Exact menu names in CRA My Account (they change).
- Whether T1028 is mailed to you in a given year.
Sources (official)
- CRA, Excess Contributions — https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/contributing-a-rrsp-prpp/what-happens-you-over-your-rrsp-prpp-deduction-limit.html (read October 17, 2026; figures shown are for 2025)
- CRA, Participating in your FHSAs — https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/first-home-savings-account/contributing-your-fhsa.html (read October 17, 2026)
- CRA, How contributions affect your RRSP deduction limit — https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/contributing-a-rrsp-prpp/contributions-affect-your-rrsp-prpp-deduction-limit.html (read October 17, 2026; figures shown are for 2025)
RRSP deadline planner → Dates calendar →
Not tax or financial advice. See the disclosure.