PRPP or VRSP - Employer contribution
You have received a document indicating the employer's
contribution to your PRPP/VRSP.
Voluntary contributions from the employer that are not included
in the member's income cannot be deducted by the employee
on his return.
However, the employer's participation in your PRPP/VRSP must be
considered for your RRSP/ PRPP/VRSP deduction
limit, which means that your participation and that of
the employer cannot exceed your deductible maximum
amount.
For more information, please visit the following links:
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/pooled-registered-pension-plan-prpp-information-individuals/contributions-a-prpp.html
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/contributing-a-rrsp-prpp/where-you-find-your-rrsp-prpp-deduction-limit.html
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Webpage: KPA385-20200203093045DE.htm
