Thread: Spouse & RRSP
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Old 01-14-2020, 02:34 PM   #2
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flamesrule_kipper34's Avatar
Join Date: Aug 2008
Location: Calgary, AB

I currently contribute to a spousal RRSP.

Both spousal RRSP and my RRSP go towards my contribution limit for the year. The main pro is, when SHE pulls from the SPOUSAL RRSP in the future it'll go against HER annual income.

So basically we can maximize between both taxed incomes the removal of the RRSP instead of all of it coming out of ONE/MY RRSP and being just against my taxed income.
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