Quote:
Originally Posted by Ryan Coke
Just out of curiosity.....does contributing a bunch into a spousal RRSP make any difference in the event of a divorce? I assume it’s all getting split up anyway, but maybe there’s more to it.
Hopefully we live happily ever after and all that.....
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Well it will have the assets more even in that event, but really if you have it all in yours and zero in hers she's getting half anyway (although I'm not a divorce lawyer, obviously!)
The only other potential issue for spousal RRSP accounts is the tax attribution. Basically if you deposit and get the tax-break and your spouse withdraws in the first couple years, you will get the tax bill associated and not your spouse. Not sure how that would go in a divorce, and that's possibly one for the lawyers in terms of nuance.