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RRSP Transfer-in-kind --> to Spousal RRSP contributor or annuitant account?

  • Last Updated:
  • May 23rd, 2015 10:57 pm
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[OP]
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Apr 21, 2004
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RRSP Transfer-in-kind --> to Spousal RRSP contributor or annuitant account?

Spousal RRSP
Spousal RRSP is where one spouse owns the account (annuitant) but the other makes the contributions (contributor).

Process: One spouse opens an account (annuitant) and other spouse will be the contributor and the contribution receipt will be issued in the contributor’s name and contributor claims the RRSP deduction.


If I'd like to pull funds out of my Manulife Group RRSP and move them to my own online brokerage account, will this transfer be to the Spousal RRSP where I am the annuitant or the Spousal RRSP where I am the contributor? I would have been contributing into this Group RRSP with my employer matching my contributions.

On first thought, I would think it has to go to the Spousal RRSP where I'm the annuitant but I'm just not so sure and would like some help on this matter. Thank you.
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