If Individual and Spousal RRSP accounts are merged into a single account the new resulting RRSP will be a Spousal RRSP and subject to all of the rules and guidelines that govern a Spousal RRSP.
Related Questions
- Why choose to invest in a Spousal RRSP?
- Who qualifies as a spouse?
- How much can I contribute to a Spousal RRSP?
- Who can contribute to a Spousal RRSP?
- How are withdrawals from a Spousal RRSP taxed?
- When would a withdrawal from a Spousal RRSP be taxed in the spouse annuitant’s hands?
- Can previously merged Individual and Spousal RRSPs be separated into their original RRSP accounts?
- What if I am older than 71 years of age, can I still contribute to a Spousal RRSP?
- Are there any special fees for a Spousal RRSP?
- If at the date of my death I have unused contribution room available, can the legal representative for my estate still make an RRSP contribution?
- Who receives the income tax information slips associated with a Spousal RRSP?