Thread: RRSP Question
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Old 01-30-2011, 02:15 PM   #6
Slava
Franchise Player
 
Join Date: Dec 2006
Location: Calgary, Alberta
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As others have said you can transfer the funds. Depending on your plan though you might not have to pay a penalty at all, and you won't be charged taxwise unless you actually withdraw the funds or move them to something like a TFSA.

The other option is to transfer the funds "in kind" and depending on where you transfer them to you don't have to sell themtk do this (in this case the maturity date doesn't matter).

If you need help feel free to PM me. It's straightforward and simple though.
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