MONEY FACTS 2019

RRSP contribution limits

Tax YearLimitPrior Year Earned Income Required
2019$26,500$147,222
2018$26,230$145,722
2017$26,010$144,500
2016$25,370$140,944
2015$24,930$138,500
2014$24,270$134,833
2013$23,820$132,333
2012$22,970$127,611
2011$22,450$124,722

TFSA contribution limits

Tax YearLimitCumulative Limit
2019$6,000$63,500
2018$5,500$57,500
2017$5,500$52,000
2016$5,500$46,500
2015$10,000$41,000
2014$5,500$31,000
2013$5,500$25,500
2012$5,000$20,000
2011$5,000$15,000

2019 Federal marginal tax rates

Taxable IncomeTax Rate
$0 to $12,0690.00%
$12,070 to $47,63015.00%
$47,631 to $95,25920.50%
$95,260 to $147,66726.00%
$147,668 to $210,37129.00%
Over $210,37133.00%

Annual CPP benefits

BenefitMax amount @Jan 2019Avg amount @Oct 2019
Retirement$13,855$7,973
Disability$16,348$11,465
Survivor (under 65)$7,520$5,187
Survivor (65) & Over$8,313$3,624
Child$3,003$2,936
Death$2,500$2,299

OAS pension

Max pension @Jan 2019Clawback starts @net income ofClawback ends @net income of
$7,217$77,580$126,696

This is a general guide only and is not intended to replace professional financial and tax advice in any form. Please consult a professional financial advisor on how it relates to your situation. The information provided here is accurate as of the date of publication, January 15, 2019. Infographic designed by Ativa Interactive © Copyright 2019. All Rights Reserved.