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Returning Member
posted Oct 30, 2019 10:25:29 AM

Should I be getting the equivalent to a RRSP contribution slip for the amount my employer contributed to my RPP?

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1 Best answer
Level 15
Oct 30, 2019 10:25:30 AM

No, Registered Retirement Savings Plans (RRSP) and Registered Pension Plans (RPP) are both retirement savings plans that are registered with the Canada Customs and Revenue Agency. RRSPs are individual retirement plans, while RPPs are plans established by companies to provide pensions to their employees.

The amount in Box 20 of your T4  - RPP, is only reported once, on the T4 screen in TurboTax. 

If your employer contributes to an RRSP on your behalf, you will receive a separate RRSP Contribution slip and need to report it in the RRSP section.

1 Replies
Level 15
Oct 30, 2019 10:25:30 AM

No, Registered Retirement Savings Plans (RRSP) and Registered Pension Plans (RPP) are both retirement savings plans that are registered with the Canada Customs and Revenue Agency. RRSPs are individual retirement plans, while RPPs are plans established by companies to provide pensions to their employees.

The amount in Box 20 of your T4  - RPP, is only reported once, on the T4 screen in TurboTax. 

If your employer contributes to an RRSP on your behalf, you will receive a separate RRSP Contribution slip and need to report it in the RRSP section.