7150 Hawthorne Dr. Unit 104
Windsor, ON, N8T 3N3
Phone: (519) 974-6688
Toll Free: +1 866-973-4846
Fax: (519) 974-7192
| 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | |
| Registered Retirement Savings Plan* | |||||||||
| Maximum contribution | $15,000 | $16,500 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $22,450 | Indexed |
| Earned income | $86,111 | $97,667 | $100,000 | $105,555 | $111,111 | $116,667 | $122,222 | $124,722 | |
| Money Purchase Regidtered Pension Plan* | |||||||||
| Maximum contribution | $16,500 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $22,450 | $22,970 | Indexed |
| Pensionable earnings | $91,667 | $100,000 | $105,555 | $111,111 | $116,667 | $122,222 | $124,722 | $127,611 | |
The 2005 federal budget increased the maximum registered savings plan (RRSP) contribution limit for the years 2007 to 2010 as summarized in the table. For 2011 and later years, the RRSP contribution limit will be indexed based on the average wage growth.
The RRSP contribution room for a particular year is equal to the lesser of 18% of the previous year's earned income and the current year's maximum contribution plus any carryforward room. The maximum contribution limit is reached when the previous ear's earned income exceeds the amount shown in the table.
The 2005 federal budget increased the maximum money purchase registered pension plan (RPP) contribution limit for the years 2006 to 2009 as summarized in the table. For 2010 and later years, the RPP contribution limit will be indexed based on the average wagge growth.
The RPP contribution room for a particular year is the equal lto the lesser of 18% of the pensionable earnings for the year and current year's pensionable earnings exceeds amount shown in the table.
Mutual funds are offered through Manulife Securities Investment Services Inc. Insurance products and services are offered through Seguin Financial Group Ltd. Seguin Financial Group is a trade name used for both mutual fund & Insurance business activities. Banking products and services are offered through referral.
