Sam had $15,000 in RRSP contribution room at the end of 2012. His employer says his pension adjustment for 2012 was $8,000 on his $70,000 salary. Sam also earns $30,000 from a partnership he invests in.

Sam contributed $400 per month to his own RRSP and $500 per month to his spouse, Ryans, RRSP during 2013

What is the impact on his taxable income.

Format: positive numbers as 100,000.00, negative numbers as (100,000.00)

What is his RRSP Contribution room at the end of 2013?

Format: positive numbers as 100,000.00, negative numbers as (100,000.00)