The countdown to the 2012 Registered Retirement Savings Plan (RRSP) contribution deadline is on. The Canada Revenue Agency allows contributions for the previous year for up to 60 days after year-end.
That means the RRSP contribution deadline for 2012 is March 1, 2013. You have up until that date to contribute a percentage of your annual income for the previous year and deduct it from your 2012 taxable income.
But if you’re stressed because you haven’t made your contribution yet or confused because you’re not entirely sure of all the rules, help is at hand.
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