Contribution & deferral · 2026 tax year

RRSP tax savings calculator

Test an RRSP contribution against your income and province. See its estimated tax savings, your available room, and your combined marginal rate instantly in your browser.

$33,810
RRSP ceiling
18%
of earned income
13
provinces

Your total earned income from your CRA Notice of Assessment.

Leave blank to estimate the savings from filling your available room.

Used for your provincial marginal-rate schedule.

Leave blank to skip the RRSP-vs-TFSA verdict.

Each child attracts a 20% CESG match on the first $2,500/yr.

Results update automatically as you type. Nothing is sent to a server.

How this RRSP tax savings estimate is calculated

Your RRSP contribution room for 2026 is the lesser of 18% of your prior-year earned income and the CRA dollar ceiling of $33,810. Choose a contribution amount or leave it blank to test your full available room. The estimated tax savings are the exact difference between income tax owed on your entered income and tax owed after that RRSP deduction, computed across the real federal and provincial brackets, not a flat-rate shortcut. Whether that deferral is a net win depends on your marginal rate when you eventually withdraw, which is why the verdict compares today's rate with your expected retirement rate. To estimate tax on a withdrawal given your other income, use the RRSP withdrawal tax calculator.

Every figure on PlainRRSP is rendered directly from official Canada Revenue Agency registered-plan limits and each province's published marginal-rate schedule, no number is typed in by an editor. Limits and brackets are queried live from the CRA registered-plan table and each province's published schedule, each at its own published year. See our editorial standards & corrections policy, the methodology behind these numbers, the public data change log, or report a data error. Data current as of 2026 tax year.