Collasping a locked-in RRSP

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canroc
Posts: 24
Joined: Sun Feb 18, 2007 5:16 pm

Collasping a locked-in RRSP

Post by canroc »

I have a locked-in RRSP in Ontario. I've been a U.S. resident since 1994..

Is there a way to unlock this and cash it out? (I am younger than the required retirement age). BTW, I had read in Keat's book "Border Guide" that it might require transferring the RRSP to BC or Alberta somehow in order to do this.

Thanks.
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nelsona
Posts: 18365
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

Keats book is about the best info on this. Ontario doesn't allow transfers. If you were a federal employee, you might.
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing :D
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canroc
Posts: 24
Joined: Sun Feb 18, 2007 5:16 pm

Collapsing

Post by canroc »

I did mean 'collapsing'.. seesm there is no way to edit a post in this forum.
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