What if I maxed out my 2014 RRSP contributions?
Not to worry, you can assign it to the 2015 tax year.
MoneySense at the MoneyShow: ETFs & Investing Strategies
Here’s how to get your free ticket to attend the MoneyShow virtual expo.
Updated on Jan. 13, 2015.
Yes, contributions made in the first two months of the year can be declared for either tax year. If you don’t want the contribution included on your 2014 tax return, just wait and include the amount you deposited on your tax return for 2015.
Share this article Share on Facebook Share on Twitter Share on Linkedin Share on Reddit Share on Email
Related Articles
How to plan for retirement when you have no pension
Practical advice on how to build your retirement savings for employees at mid-career, the self-employed, single parents and more.
Making sense of the markets this week: November 17, 2024
The Trump effect and Trumponomics, Shopify’s huge earnings beat, it’s sunny days for Suncor shareholders and more.
Invest for good: Impact investing for young Canadians
You started investing in your 20s, and you feel pretty good about doing it. But now what? Consider impact...
The best RRSPs in Canada for 2024
Here are the best accounts to hold your savings and investments.
Canada’s income tax brackets for 2024, plus the maximum tax you’ll pay based on income
Want an idea of how much tax you paid—or will be paying—for 2024? Here are the federal and provincial...
Two ways to lower risk in your investment portfolio with ETFs
The U.S. election made the market go up—for now. Is volatility keeping you up at night? Here are some...
Making sense of the markets this week: November 3, 2024
Apple and Nvidia vie for global market cap crown; Google, Microsoft and Meta crush earnings; Amazon’s Bezos takes WaPo...
What is Sun Life’s new decumulation product?
While not guaranteed like an annuity, MyRetirementIncome is a flexible and simple financial product for those needing to convert...