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Room for rollovers? (RRSP + TFSA)

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  • Room for rollovers? (RRSP + TFSA)

    I can find lot of sources on web saying these rollovers do not *affect* recipient's (me) contribution room, but can they be done if the recipient has no ($0) contribution room currently? Thanks !

  • #2
    If you are rolling over one RRSP to another one it doesn’t impact your room as it was already contributed. I believe it is the same for TFSA. You won’t receive a receipt for funds that went from one account to another but if it is a company sponsored plan you may see it listed as income on your T4 or final pay stub.

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