US2021 RRSP Contribution Deadline: What you Should Know
You have until March 1, 2022 to contribute to your RRSP for the year 2021.
An RRSP (Registered Retirement Savings Plan) is a tax-advantaged savings plan, that can help you grow your retirement income. Any investment income earned in an RRSP is tax-deferred, until withdrawn.
While RRSPs are meant to save for retirement, you also have the option of using the funds in the plan to purchase your first home or pay for your education1.
Here are key dates to remember as the 2021 RRSP contribution deadline approaches!
When is the 2021 RRSP Contribution Deadline?
March 1, 2022 is the last day to make RRSP contributions for the 2021 tax year.
You have 60 days after the end of the year to make your RRSP contribution for the previous year. Contribution deadlines for the previous three tax years were:
- March 1, 2021 for the 2020 tax year.
- March 2, 2020 for the 2019 tax year.
- March 1, 2019 for the 2018 tax year.
Thinking about contributing to an RRSP? Learn more about making RRSP Contributions.
RRSP Investment Options
- Cash
- Savings account
- GICs
- Mutual Funds
- Government and Corporate Savings Bonds
- Securities listed on a designated stock exchange – including individual stocks.
- ETFs
Looking to get started? Find out what a RRSP is.
You may also be interested in:
RRSP Contribution and Deduction Limit Rules
Rules on Withdrawing from an RRSP
See what types of RRSPs TD offers
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Legal
1 Subject to conditions and eligibility.
2 Subject to conditions on the type of RRSP.
Ways to apply
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