The 2025 Investment Season is almost here! RRSP limits for 2024 and 2025 are $31,560 and $32,490 respectively; the deadline for RRSP contributions for the 2024 tax year is March 3, 2025. The TFSA limit for 2025 has increased by $7,000; you can now deposit up to $102,000 ($204,000 per couple) if you have never contributed to a TFSA.** Other great ways to invest include pre-authorized contributions (PAC), First Home Savings Accounts (FHSA), Registered Education Savings Plans (RESP), Registered Disability Savings Plans (RDSP) and of course, Open/Taxable (Non-Registered) accounts. Gold Investment Management is available by telephone: 1.888.436.9955, fax: 1.866.541.7947, email: [email protected] or visit us at gold-im.com. Let Gold Investment Management help you build a strong future. Invest today!
RRSP & TFSA Tables:
| Year | RRSP Annual Limit* |
| 2025 | $32,490 |
| 2024 | $31,560 |
*18% of “earned income” for the preceding year to annual limit
| Year | TFSA Annual Limit | Cumulative Total** |
| 2025 | $7,000 | $102,000 |
| 2024 | $7,000 | $95,000 |
| 2023 | $6,500 | $88,000 |
| 2019-2022 | $6,000 | $81,500 |
| 2016-2018 | $5,500 | $57,500 |
| 2015 | $10,000 | $41,000 |
| 2013-2014 | $5,500 | $31,000 |
| 2009-2012 | $5,000 | $20,000 |
** The maximum lifetime TFSA limit of $102,000 applies only to those who were 18 or older as of December 31, 2009