Deadlines are looming again (FYI if you didn’t know it is February 29, 2012) for your contribution to be counted towards the 2011 tax year.

I’m curious to know (you know, because I’m nosy like that), for those that contribute to an RRSP,  when do you contribute?

Do you contribute in a lump sum in early 2011?
Do you contribute throughout the year in 2011?
Or do you wait until the first two months of 2012 to put in that big chunk of change in?

What I do (and there’s no rhyme or reason or method to my madness) is I contribute a set amount per month and then if I have room left over, I’ll contribute a lump sum to max out my RRSP afterwards.  After I finish paying back my Home Buyer’s Plan, I’ll likely stop contributing to my RRSP’s (unless I have oodles and oodles of money after contributing to my TFSA already) since I plan to have a defined benefit pension plan.  However, who knows, I might be desperate to decrease my taxes in which case I’ll probably contribute to an RRSP as well.

Speaking of RRSP’s, I had the lovely opportunity to talk to Bryan Borzykowski from (I idolize Money Sense so it was pretty awesome to be mentioned in it) and he interviewed me about my strategy for my RRSP’s.

Here are some RRSP posts that might pique your interest  in case you’re not sick of seeing RRSP stuff just yet.

Have a fantabulous weekend!

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