Deceased spouse and rrsp

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Lolapalola
Posts: 16
Joined: Sat Oct 27, 2012 4:13 pm

Deceased spouse and rrsp

Post by Lolapalola »

I am a Canadian with dual American citizenship. My husband and I have been permanent residents in US for 20 years. My husband recently passed away and has an RRSP in Canada. I would like to keep RRSP as is but transfer to my name. Not cash in but rollover. What are my options? Thx
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nelsona
Posts: 18675
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Re: Deceased spouse and rrsp

Post by nelsona »

Roll it over to an RRSP account in your name. There would be no tax in either country.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
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Lolapalola
Posts: 16
Joined: Sat Oct 27, 2012 4:13 pm

Re: Deceased spouse and rrsp

Post by Lolapalola »

Thank you!
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