RRSP Gross-Up Calculator

Borrow to maximize your RRSP contribution, repay with the tax refund.

After-Tax Amount to Invest

Marginal Tax Rate (%)

$1,667

RRSP contribution

$667

tax refund

Borrow $1,667, contribute to your RRSP, then use the $667 tax refund to repay the loan. You keep the full RRSP contribution growing tax-deferred.