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New Member
posted Jan 20, 2021 5:58:30 PM

If an employer has pays into my rrsp do they have to stop contribution when the annual threshold is reached or can they continue to pay?

can an  employer continue to pay contributions to my rrsp through payroll if i reached the annual rrsp contribution maximum?

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1 Replies
Intuit Alumni
Feb 16, 2021 8:21:34 AM

No, they can't. The contribution limit includes your contribution and your employer contribution. Check this link for more FAQs on this subject:

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/contributing-a-rrsp-prpp/contributions-affect-your-rrsp-prpp-deduction-limit.html#whcncntrbte

 

I hope this was helpful