The year is again about income tax. You have now all the options. You can file your income tax return yourself. Or, have someone do it for you. There's no substitute to knowing the many tax savings tools allowed by law to save taxes. If you are not sure, talk to us, it's free. Also, about RRSP, we may show you how it benefit to defer taxes for the years you are gainfully employed. Also, we can show you how to accumulate wealth for your future financial needs especially at your retirement years. Click Request for more information or for immediate assistance Call today 416-731-6446. ___________________________________________________ RRSP FACTS: Deadline: 29 February 2016 Contribution Limit: The lesser of $24,930 (for 2015) or 18% of earned income from your previous tax year, minus any pension adjustments*, plus unused contribution from previous years Carry Forward: RRSP contribution room accumulated after 1990 can be carried forward indefinitely to subsequent years Eligibility: Investors can contribute to an individual RRSP if they have employment or business income or unused contribution room, up until December 31 of the year they turn 71 Minimum Age: There is no minimum age for contributing to an RRSP. However, they must be 18 to contribute more than $2K Maximum Age: Anyone who has earned income in the previous year and files a Canadian tax return can contribute to an RRSP up until December 31 of the year they turn 71. After 71, you can continue to have earned income, you may contribute to a spousal RRSP up until December 31 of the year your spouse or common-law partner turns 71 * Pension Adjustment (PA) represents the value of any pension benefits accruing from participation in a registered pension plan or deferred profit-sharing plan. A Past Service Pension Adjustment (PSPA) arises in rare instances when a pension plan has benefits for a post-1989 year of service upgraded retroactively.