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Employer RRSP Match Calculator (Canada)

↻ Updated 2026

Work out how much free money your employer's RRSP match is worth each year — and whether contributing more would capture match dollars you're currently missing.

Educational calculators — always consult a licensed professional before making financial decisions.

Your inputs
Annual salary
Your contribution
% of salary you contribute
Employer match rate
% of your contribution the employer adds
Match cap
max employer match, % of salary
Employer match
$4,000
free money each year
Your contribution
$4,000
5% of salary
Left on the table
$0
you max the match
Total going into your RRSP each year
Your contribution$4,000
Employer match$4,000
Breakdown
Your annual contribution$4,000
Match @ 100% of your contribution$4,000
Match cap (5% of salary)$4,000
Employer match received$4,000
Free money left on the table$0
Total added to your RRSP$8,000
ASSUMPTIONS — The employer match equals 100% of your own contribution, capped at 5% of your salary ($4,000). If you contribute less than needed to reach the cap, the difference is free money you forgo. This is an annual snapshot and does not project growth. Employer RRSP contributions are a taxable benefit but usually create matching RRSP deduction room. Confirm your plan's exact match formula with your employer.

Runs entirely in your browser — nothing you enter is sent to us.How this works

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Rates, brackets and limits here are checked against primary sources. If a number still looks off, email support@realmoneyiq.com and we'll review and fix it.

RealMoneyIQ provides free educational calculators, not financial, tax, investment or legal advice. Results are estimates based on the assumptions you enter and publicly published rates; your actual outcome will differ. Always confirm decisions with a licensed professional who knows your full situation.