2022 YMPE Announced

The Canada Revenue Agency (CRA) has recently announced the maximum pensionable earnings (YMPE)  for 2022 will be $64,900, up from $61,600 in 2021, which represents an increase of over 5%. Contributors who earn more than $64,900 in 2022 are not required or permitted to...

2021 YMPE ANNOUNCED

The Canada Revenue Agency (CRA) has recently announced the maximum pensionable earnings for 2021 will be $61,600, up from $58,700 in 2020. This represents close to 5% increase.    Contributors who earn more than $61,600 in 2021 are not required or...