Personal Finance

401k ( USA) to Spousal RRSP

  • Last Updated:
  • Dec 21st, 2019 4:25 pm
Sr. Member
Apr 7, 2019
814 posts

401k ( USA) to Spousal RRSP

Hello All,

Recently moved from USA and withdrew 82k from 401k this year ( already done, no turning back now). I have time until Feb end 2020 to deposit these funds into a RRSP else these funds would be counted against my 2019 income and will need to pay taxes on these. My spouse has no contribution room.

My Q: Can I split these funds into my RRSP and spouse's RRSP or do I have to deposit these into my RRSP only?

Thanks in advance !!
1 reply
Jun 27, 2007
226 posts
Well, if you want to give her the money after you pay the withdrawal penalty, sure. Otherwise, no. It has to go to your RRSP.

Curious - why did you choose to withdraw?