Manitoba RRSP Calculator Canada 2026
See how much tax you save with RRSP contributions in Manitoba. Federal and Manitoba provincial tax.
Tax savings from RRSP contribution
$1,740
Effective cost of contribution: $3,260 (you put in $5,000, save $1,740 in tax)
Tax without RRSP
$22,204
Tax with RRSP
$20,464
Take-home without RRSP
$52,796
Take-home with RRSP
$49,536
Approximate marginal rate on contribution: 34.8%
How RRSP tax savings work in Manitoba
RRSP contributions are deductible from your taxable income, so you save tax at your combined federal and Manitoba provincial marginal rate. The higher your income and the higher Manitoba'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 Manitoba.
Why RRSP savings vary by province
Federal tax is the same across Canada; provincial tax rates differ. Manitoba has a top provincial rate of 17.40%. 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 Manitoba provincial brackets. For TFSA contribution room, use our TFSA Calculator Canada. For salary needed for a target take-home in Manitoba, use our Net to Gross Canada Manitoba.
When to use an RRSP calculator in Manitoba
Use this Manitoba 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 Manitoba.