New CRA Annual Maximums for 2013

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Effective January 1, 2013, the Canada Revenue Agency changed the maximums as follows:

2011  2012  2013 

Employment Insurance

 
Maximum weekly benefit          468.00          485.00          501.00
Maximum annual employee contribution          786.76          839.97          891.12
Maximum annual employer contribution      1,101.46      1,175.96      1,247.57
Maximum insurable earnings    44,200.00    45,900.00    47,400.00

Canada Pension Plan

Maximum employee contribution to plan      2,217.60      2,306.70      2,356.20
Maximum annual contributory earnings    48,300.00    50,100.00    51,100.00

Registered Retirement Savings Plan*

Contribution limit    22,450.00    22,970.00    23,820.00
*Contributions towards 2012 can be made until March 1, 2013

For more information, contact our office or visit www.cra-arc.gc.ca

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