The RRSP factors in Divorce

 RRSP in Divorce
  • The Income Tax Act provides tax-free rollovers of Registered Retirement Savings Plan (RRSP) between sposues.

  • It is the gain in these assets held by either spouse that is considered matrimonial and is to be divided or equalized

  • The forward gain of a family’s wealth is measured from the date of the marriage to the date of the separation.

  • It can also be agreed upon to not divide anything at all, leaving your assets unaffected in the separation.

  • Records of the couple’s Registered Retirement Savings Plan (RRSP) at the date of marriage and the date of separation will be required.

Registered Retirement Savings Plan in separation and divorce
RRSP what-you-need-to-know

Making an RRSP Disclosure

RRSP factors in separation and divorce

With records of your and your spouse’s financial position at the date of marriage and date of separation, it will help greatly with calculating the net-family property.

The statement is typically sent to subscribers on a quarterly basis, usually in March, June, September and December. If you have not received your statement for the period, you may need to conduct inquiries.

RRSP Disclosure Documents Details

Where is find a Notice of Assessment

Obtaining a digital copy of this document:

 what-you-need-to-know

Obtaining  a digital copy of this document

  1. Many online sources allow you to download a digital copy to the device.
  2. Most up to date Web Browsers allow you the option of “Print to PDF”
  3. Scan your hard copy to a pdf.   

Note: This can be done on a personal (home or work) scanner, or can be done at a retailer such as Staples Business Depot

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Ken S, Maynard CDFA
1.855.731.3500
647.360.3200

Divorce Advice
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Certified Divorce Financial Analyst & Family Mediator at
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2022-06-17T21:40:36-04:00
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