On this page, you will find links to information recently posted to this site. The links are presented according to plan type.

For documents from previous years, please visit the What's new archive.

General

2025-01-13
The Registered Plan Directorate (RPD) is undertaking a survey aimed at gathering information on client needs, satisfaction rates, and insights related to the RPD’s existing paper-based submission processes. The findings from this survey will play a crucial role in the continuous development of an online portal service designed to digitize and simplify current paper-based procedures, thereby providing a more efficient and user-friendly experience for clients.

To participate in the survey, click the following link: https://cra-arc-survey-sondage.ca/f/s/RPAS-SLRE-1

2024-11-29
The CRA announces that the 2025 Advanced life deferred annuity (ALDA) dollar limit will be $180, 000.

2024-11-28
The Canada Revenue Agency has modified the options to submit the Registered Plans Directorate forms. As of January 2025, Web Forms will no longer be available as an option to submit our forms. Refer to Filing forms with the Registered Plans Directorate to see which forms are affected by these changes.

You will still be able to submit T550 and T244 forms by Internet File Transfer. You still can submit T510, T920 and T244 forms via the option "Submit documents" in My Account and My Business Account.

The Directorate is currently working on creating a secure portal that will allow the deferred income and saving plans industry to view and modify plan information, to submit documents, open new accounts and more. As the project advances, more information will become available.

2024-11-21
Canada Post work stoppage

The Registered Plans Directorate has developed a mitigation strategy during the Canada Post Corporation labour disruption.

Sending documents to the RPD

You may send requests for administrative relief, waivers, and general written enquiries by courier to:

Registered Plans Directorate
Canada Revenue Agency
2215 Gladwin Cres
Ottawa ON K1B 4K9

During the labour disruption, we will waive the requirement under subsection 8512(2) of the Income Tax Regulations to submit amendments to a registered pension plan within 60 days of when the amendment is made.

Receiving documents from the RPD

Most routine correspondence will not be sent during the labour disruption. This correspondence will be mailed when the work stoppage ends.

While we cannot send out most correspondence, CRA employees may use Microsoft Teams to communicate personal or plan information with the public. This includes voice and video calls and live screen sharing.

Please note that the Registered Plans Directorate does not accept or send emails containing personal or plan related information.

2024-11-01
The Canada Revenue Agency announces the new limits for 2025 and 2026.

• 2025 money purchase (MP) limit will be $33,810
• 2025 defined benefit (DB) limit will be $3,756.67
• 2026 registered retirement savings plan (RRSP) limit will be $33,810
• 2025 deferred profit sharing plan (DPSP) limit will be $16,905
• 2025 year’s maximum pensionable earnings (YMPE) will be $71,300
• 2025 year's additional maximum pensionable earnings (YAMPE) will be $81,200

2024-02-28
The Canada Revenue Agency’s Registered Plans Directorate is creating a secure portal that will allow the deferred income and savings plans industry to view and modify plan information, submit documents, open new accounts and more. This newly created secure portal will be available on Canada.ca.

A workshop is being planned to inform the deferred income and savings plans industry of this secure portal and give the industry the opportunity to provide input on portal’s usability and services offered. Your feedback is important to us and will help us provide better services.

We are currently soliciting interest from the sector representatives to participate in the workshop. If you would like to participate and provide the Registered Plans Directorate with your input, please send an email to RPD.LPRA2@cra-arc.gc.ca with the subject line "Registered Plan Portal" by March 31.

2023-11-29
The CRA announces that the 2024 Advanced life deferred annuity (ALDA) dollar limit will be $170, 000.

2023-11-27
Important notice concerning our mailing address

Due to a building refit spanning multiple years, the Registered Plans Directorate’s mailing address has been temporarily changed. Please use the following address for all correspondence until further notice:

By mail and courier

Registered Plans Directorate
Canada Revenue Agency
2215 Gladwin Cres
Ottawa ON K1B 4K9

In the coming weeks, the Canada Revenue Agency webpages and publications will be updated to reflect this address change.

2023-11-01
The Canada Revenue Agency announces that the 2024 money purchase (MP) limit will be $32,490, the 2024 defined benefit (DB) limit will be $3,610.00, the 2025 registered retirement savings plan (RRSP) limit will be $32,490, the 2024 deferred profit sharing plan (DPSP) limit will be $16,245, the 2024 year’s maximum pensionable earnings (YMPE) will be $68,500 and the 2024 year's additional maximum pensionable earnings (YAMPE) will be $73,200.

Registered Pension Plans (RPPs)

2025-01-03
The Canada Revenue Agency has updated Actuarial bulletin 4. The bulletin provides guidelines on and examples of reasonable methods to apportion assets and actuarial liabilities for the purpose of funding a defined benefit provision of a registered pension plan (RPP) with more than one participating employer. It reflects feedback from RPP industry representatives in a consultation process held by the Canada Revenue Agency. This version follows the Draft Bulletin published for Industry Consultation.

2023-06-29
The Canada Revenue Agency has published information about Permitted Corrective Contributions (PCC) and Pension Adjustment Corrections (PAC) for money purchase (MP) registered pension plan administrators (RPPs).

PCCs provide more flexibility to plan administrators of MP RPPs to correct for under contributions to a MP RPP. A PAC will restore a member’s RRSP deduction limit where over-contributions are returned to the contributor.

2023-06-15
The CRA has updated the instructions of the Form T1200, Actuarial Information Summary, to include additional lines under sections S and U.The CRA has updated the instructions of the Form T1200, Actuarial Information Summary, to include additional lines under sections S and U.

First Home Savings Account (FHSA)

2023-02-13
The Canada Revenue Agency has published information about the first home savings account (FHSA). Financial institutions who wish to offer FHSAs to the public (known as issuers) need to submit an application package to the Registered Plans Directorate for approval.

The Government of Canada introduced the FHSA as a way for first-time home buyers to save up to $40,000 for a down payment. The FHSA allows up to $8,000 in annual contributions, which are tax-deductible. FHSA withdrawals used to purchase a first home are non-taxable.

For additional information concerning the FHSA, contact the Directorate.

Registered Disability Savings Plans (RDSPs)

2023-11-15
The Canada Revenue Agency has updated Information Circular IC99-1R4 - Registered Disability Savings Plan, the Sample pro forma – Declaration of Trust, RDSP Bulletin 3R3 and Register an RDSP. These updates relate to changes made to the RDSP legislation in Federal Budgets 2019 and 2023. An RDSP can remain open when the plan beneficiary is no longer eligible for the DTC. An RDSP can be transferred to another RDSP for the beneficiary even if the beneficiary is not DTC eligible. Qualifying family member rules are extended to the end of 2026. A brother or sister of an RDSP beneficiary can now be a qualifying family member.

Registered Education Savings Plans (RESPs)

2024-11-29
The CRA has updated RESP Bulletin No. 1R3 to include the annual educational assistance payment threshold limit for 2025 to be $28,881.

2024-11-08
Education Savings Week is November 10-16, 2024.

When it comes time for children to head out to college or to university, the financial aspect can be a burden and a source of stress for both students and parents. Alleviating this pressure by helping parents, especially those with modest incomes, plan for their child’s future is a key objective of Education Savings Week (ESW).

ESW raises public awareness through events about the importance of saving for a child’s post-secondary education. It also helps Canadians better understand the financial savings incentives that are available to them.

For more information on RESPs, the Canada education savings grant, the Canada learning bond and provincial grants, visit Registered Education Savings Plans and related benefits.

2023-11-29
The CRA has updated RESP Bulletin No. 1R3 to include the annual educational assistance payment threshold limit for 2024 to be $28,122.

2023-10-10
The CRA has published information about Corrections for transaction errors under an RESP. This information is a guide on the types of transactions that can be reversed or corrected as well as what is required to make a correction under an RESP.

2023-08-02
The Canada Revenue Agency (CRA) has updated RESP Bulletin No. 1R3 to include changes to the educational assistance payment limits introduced in Federal Budget 2023 as well as to provide clarification on CRA audit requirements.

Registered Investments (RIs)

2024-09-24
The CRA has published the list of Registered Investments as of December 31, 2023.

2023-11-06
Starting in 2023, the list of all registered investments (RIs) as of December 31 of the preceding year will be published on the Canada Revenue Agency’s website each year and will no longer be published in the Canada Gazette. For more information, see Lists of registered investments.

Registered Retirement Savings Plans (RRSP) and Registered Retirement Income Funds (RRIF)

2024-02-12
The Canada Revenue Agency (CRA) has updated Information Circular, IC72-22R10, Registered Retirement Savings Plans, to provide current information for issuers who wish to offer registered retirement savings plans (RRSP) to the public. Included in this update is the requirement for RRSP contribution receipt information to be sent via XML. In addition, the CRA no longer requires the signature of an authorized individual to be included on the contribution receipt provided to annuitants.

Tax-free Savings Accounts (TFSAs)

2024-11-29
The CRA announces that the 2025 TFSA dollar limit will be $7,000.

2023-11-29
The CRA announces that the 2024 TFSA dollar limit will be $7,000.