RRSP Guide
Fundamentals
- RRSP 101: What is an RRSP?
- RRSP 102: Opening Your First RRSP account, Step-by-Step Guide
- RRSP 103: How Much Should I Contribute to My RRSP?
- RRSP 104: What Should I Invest in My RRSP account?
Intermediate
- RRSP 201: How to Maximize Your RRSP Contribution Through an RRSP Loan?
- RRSP 202: How does Spousal RRSP Work?
Advanced
Useful Tools
This RRSP calculator can help you understand the impact of contributions and withdrawals to your RRSP savings.
This RRSP loan calculator can help you figure out your loan payments.
Login to CRA My Account to view your contribution room.
Government of Canada official RRSP website.
Ontario Income Tax Calculator 2023 (Turbo Tax)
Get a quick, free estimate of your 2023 income tax refund or taxes owed.
2023 Ontario Marginal Tax Rate (Combined Federal & Ontario)
| Tax Brackets | Other Income | Capital Gains | Canadian Dividends Eligible | Canadian Dividends Non-Eligible |
|---|---|---|---|---|
| $0 - $49,231 | 20.05% | 10.03% | -6.86% | 9.24% |
| $49,231 - $53,359 | 24.15% | 12.08% | -1.20% | 13.95% |
| $53,359 - $86,698 | 29.65% | 14.83% | 6.39% | 20.28% |
| $86,698 - $98,463 | 31.48% | 15.74% | 8.92% | 22.38% |
| $98,463 - $102,135 | 33.89% | 16.95% | 12.24% | 25.16% |
| $102,135 - $106,717 | 37.91% | 18.95% | 17.79% | 29.78% |
| $106,717 - $150,000 | 43.41% | 21.70% | 25.38% | 36.10% |
| $150,000 - $165,430 | 44.97% | 22.48% | 27.53% | 37.90% |
| $165,430 - $220,000 | 48.29% | 24.14% | 32.11% | 41.72% |
| $220,000 - $235,675 | 49.85% | 24.92% | 34.26% | 43.51% |
| > $235,675 | 53.53% | 26.76% | 39.34% | 47.74% |
Ready to Open Your RRSP Account?
We can help you choose the right investment mix and open your RRSP account in-person or online!
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