April 19, 2021 – Budget 2021: Postdoctoral Fellowship Income to Add Contribution Room to RRSP

by | Apr 19, 2021 | Industry Updates

In the budget for 2021, the government of Canada announced postdoctoral fellowship income will be included in “earned income” which will translate into more RRSP contribution room. This includes income earned during 2021 and beyond. Income earned between 2011-2020 may also be claimed if requested in writing.

Source Canadian Federal Budget 2021

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