Table 3 
Registered retirement savings plan (RRSP) contributions by income group 

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Registered retirement savings plan (RRSP) contributions by income group
2021 – Number of RRSP Contributors2022 – Number of RRSP Contributors2021 – Total RRSP Contributions (x$1,000)2022 – Total RRSP Contributions (x$1,000)2021 – Median RRSP Contribution2022 – Median RRSP Contribution2021 – Proportion of tax filers reporting RRSP contributions2022 – Proportion of tax filers reporting RRSP contributions
All tax filers 6,297,570 6,268,950 56,137,560 54,217,110 3,890 3,910 22.4 21.7
Less than $20,000 116,070 118,300 609,050 552,935 1,200 1,090 1.9 1.7
$20,000 to $39,999 663,910 516,290 2,122,765 1,589,320 1,300 1,300 8.5 7.3
$40,000 to $59,999 1,338,400 1,201,520 5,182,700 4,329,765 2,080 2,000 25.2 22.9
$60,000 to $79,999 1,249,890 1,263,210 6,947,345 6,431,935 3,330 3,060 37.5 35.5
$80,000 to $99,999 975,480 999,540 7,073,150 6,695,555 4,520 4,290 46.5 44.5
$100,000 to $124,999 783,220 834,830 7,614,715 7,419,095 6,000 5,500 53.9 52.0
$125,000 to $149,999 412,690 464,000 5,614,030 5,721,300 9,250 8,330 60.2 58.5
$150,000 to $199,999 375,830 437,890 7,232,855 7,577,725 13,810 12,270 64.6 62.8
$200,000 to $499,999 329,320 380,420 10,722,335 11,093,745 24,140 21,740 67.7 66.2
$500,000 to $999,999 38,790 39,500 2,192,855 2,040,150 27,830 29,210 66.7 64.4
$1,000,000 and over 13,970 13,450 825,760 765,585 27,830 29,210 62.1 58.5
Source(s):
Income and Financial Data of Individuals, Preliminary T1 Family File (4106), custom tabulation.
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