FAQ: Are payroll RRSP deductions considered as Pension Contributions?

If it’s a Group-RRSP contribution then yes, put the employee contribution in Pension Contributions in Discovery > Income, but also make sure Discovery > Tax & Benefits has the GRRSP employee and employer contribution %s so that the platform can calculate these going forward.

But if it’s just a personal RRSP contribution that happens to be deducted directly then you should increase your net income by the size of the RRSP contribution and then capture it in Discovery > Expenses > Savings & Debt Payments.


Group RRSP:

And also:

Personal RRSP: