agodre
Returning Member

RRSP and RPP Contribution Limits

How do my current year's RPP contribution affect my RRSP contribution for the same year? For example, let's assume that my 2021 Notice of Assessment (issued in Spring 2020) RRSP amount is $20,000. Again assuming both my employer and I contributed $5000 each to my RPP (from March 1, 2020 to Dec 31, 2020), is my remaining allowed RRSP contribution limit for the 2020 tax year $10,000 or $20,000?