The amount you can save through RRSP contributions depends on your province, how much you are eligible to contribute and your tax bracket. Maximizing your RRSP contributions generally provides the best tax benefits. For example, if you live in Ontario and your income is $62,900 for 2022, you can save 1,482 by contributing $5,000, save $2,965 by contributing $10,000, save $4,447 by contributing $15,000. Talk to a tax accountant for specific information for your income and contribution limit.