My RRSP is in my name only, is it considered matrimonial property?

RRSPs are typically considered matrimonial property regardless of account ownership In most Canadian provinces, RRSPs acquired during marriage are considered matrimonial property regardless of whose name appears on the account. The increase in value of these retirement savings may also be subject to division, even if the RRSP existed before marriage. Tax implications must be considered when valuing and dividing RRSPs Tax-free transfers between spouses are possible through specific provisions Provincial laws vary on how pre-marriage RRSP values are treated A Certified Divorce Financial Analyst (CDFA) can provide guidance on optimal division strategies

RRSPs as Matrimonial Property: Division & Tax Rules

RRSPs are typically considered matrimonial property regardless of account ownership

In most Canadian provinces, RRSPs acquired during marriage are considered matrimonial property regardless of whose name appears on the account. The increase in value of these retirement savings may also be subject to division, even if the RRSP existed before marriage.

Tax implications must be considered when valuing and dividing RRSPs
Tax-free transfers between spouses are possible through specific provisions
Provincial laws vary on how pre-marriage RRSP values are treated
A Certified Divorce Financial Analyst (CDFA) can provide guidance on optimal division strategies