Poll of the month: Room for improvement — March 2014

This year, the majority of readers expect to use all their available retirement savings plan contributions before the March 3 deadline.

With RRSP season coming to a close we wanted to know — do you max out your annual registered retirement savings plan contributions? Just more than half (55%) of you who took our online poll expect to use all your available contribution room by the March 3 deadline, but results vary by age. Predictably, respondents under 40 are the least likely to max out their RRSPs (33%), while those 65 or older are the most likely to do so (88%). As for the 45% who plan to leave unused contribution room this year, the majority (42%) blamed a lack of disposable income.