Alberta RRSP Calculator Canada 2026
See how much tax you save with RRSP contributions in Alberta. Federal and Alberta provincial tax.
Tax savings from RRSP contribution
$1,602
Effective cost of contribution: $3,398 (you put in $5,000, save $1,602 in tax)
Tax without RRSP
$20,420
Tax with RRSP
$18,817
Take-home without RRSP
$54,580
Take-home with RRSP
$51,183
Approximate marginal rate on contribution: 32.0%
How RRSP tax savings work in Alberta
RRSP contributions are deductible from your taxable income, so you save tax at your combined federal and Alberta provincial marginal rate. The higher your income and the higher Alberta's tax rates, the more you save per dollar contributed. Use the calculator above to enter your salary, planned RRSP contribution, and filing status—you’ll see tax with and without RRSP and your exact tax savings in Alberta.
Why RRSP savings vary by province
Federal tax is the same across Canada; provincial tax rates differ. Alberta has a top provincial rate of 15.00%. The same RRSP contribution saves more in higher-tax provinces (e.g. Quebec, Nova Scotia) and less in lower-tax provinces (e.g. Alberta, Nunavut). This calculator uses current federal and Alberta provincial brackets. For TFSA contribution room, use our TFSA Calculator Canada. For salary needed for a target take-home in Alberta, use our Net to Gross Canada Alberta.
When to use an RRSP calculator in Alberta
Use this Alberta RRSP calculator when you want to know how much tax you’ll save from a planned contribution, or how your take-home changes if you contribute a certain amount. Useful before a lump-sum contribution (e.g. before the deadline), when deciding how much to contribute from each paycheck, or when comparing job offers with different RRSP matching. Your RRSP deduction limit is set by the CRA (check your Notice of Assessment). For full take-home including CPP and EI by province, use our Canada Tax Calculator and select Alberta.