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?
Yes, your estate’s legal representative can contribute to a Spousal RRSP in the year of your death or within the first 60 days after the end of year, and the contributions can be claimed on the deceased’s Date of Death Income Tax Return, up to the deceased’s personal available RRSP contribution limit.
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?
- What if an Individual and Spousal RRSPs are merged into a single RRSP account?
- 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?
- Who receives the income tax information slips associated with a Spousal RRSP?