Quote:
Originally Posted by Wormius
So what’s the deal with rolling a spousal rrsp into my own? It’s more of an annoyance to have this thing that my wife contributed to for a year back in 2006 or whenever. It’s basically my rrsp going into another rrsp, why does it seems like it’s pulling teeth to just merge them together?
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Well, it is like pulling teeth. If you are the spouse who gets the funds contributed and you divorce, putting that into your RRSP is nearly impossible. You can make it so that all your RRSPs are now spousal (which is not the goal, and in the case of an acrimonious divorce, the exact reason people want to be rid of the spousal!).
So, if I read your post right, you can either make all your RRSPs spousal or live with that spousal and your regular RRSP.