RRSP Withholding Tax Calculator 2025

See how much tax will be withheld when you withdraw from your RRSP early.

RRSP Withholding Assistant

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Tell me how much you want to withdraw from your RRSP and I'll calculate the withholding tax.

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Multiple smaller withdrawals
Home Buyers' Plan (up to $60k tax-free)
Lifelong Learning Plan (up to $20k)

RRSP Withholding Tax Explained

When you withdraw from your RRSP before retirement, your financial institution must withhold tax at source. The withholding rate depends on the withdrawal amount.

Federal Withholding Rates

10% on withdrawals up to $5,000
20% on withdrawals from $5,001 to $15,000
30% on withdrawals over $15,000

Important: Withholding tax is not your final tax. Consult a tax professional before making large RRSP withdrawals.