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RRSPs by the numbers

<p>Here are some importantdates and numbersto rememberwhen contributing to your RRSPs.</p>




The deadline to contribute to RRSPs is Feb. 29.





•Deadline to contribute to RRSPs: Feb. 29, 2008





•Maximum RRSP deduction limit without tax implications:



For 2007 — $19,000

For 2008 — $20,000

For 2009 — $21,000

For 2010 — $22,000






•If you didn’t max out your deduction limit for the years 1991-2007, you can carry over your unused amount for 2008.





•Dec. 31 of the year you turn 71 is the last day you can contribute to your RRSP.





•For more information, visit Canada Revenue Agency’s website at www.cra-arc.gc.ca/tax/individuals/topics/rrsp/menu-e.html



 
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