Buyback of pension following mat leave - transfer from RRSP or cash buy back?
My wife is intending to buy back her pension to OMERS following her mat leave that ended in May 2017. She has until the end of this calendar year to buy it back. The question is: is there any advantage to buying it back with cash (which we have sitting in a TFSA), or transferring the amount from her RRSP account (which we already have enough in)? I am confused as to which is the better strategy after considering tax implications, etc. Any informed advice is appreciated!