Seniors and students

Thank you for your question.

 

Defined contribution pension plans are not treated the same as RRSP's. RRSP contributions are deductible from your taxes, while DCPP contributions are not. Also, contributions to a DCPP can reduce your RRSP contribution room.

 

For more information, please see the links below.

 

Registered Pension Plans vs. Registered Retirement Savings Plans

How Do Contributions to a Pension Plan Affect RRSP?

 

If you have any questions, please contact us.