Thread: Spousal RRSP
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Old 04-09-2018, 12:38 PM   #5
Locke
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Quote:
Originally Posted by Izzle View Post
Thanks for the info.

I think over the next few years, I'll have to contribute more to the Spousal RRSP in order for it to catch up to my RRSP. Regardless, I should be able to claim the tax deduction no matter whose RRSP I deposit into.
Again correct. And you should want to. The higher income earner (assuming room) should be shielding their income at the higher marginal tax rate by contributing to a spousal rrsp while also providing their partner with retirement income and sheltering that income somewhat buy splitting it.
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