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peter newton
Level 1
posted
‎December 14, 2021 07:23 AM
last updated ‎December 14, 2021 7:23 AM

RRSP

can I still purchase spousal RRSPs once I am over 70?

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Best answer December 14, 2021
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Brendajoycer
Level 3
‎December 14, 2021 02:35 PM

RRSP

After December of the year you turn 71 years old, you can contribute up to your RRSP deduction limit to a spousal RRSP or common-law partner RRSP if your spouse or common-law partner is 71 or younger on December 31 of the year you make the contribution.

Below is the link to CRA where the above is stated

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/rrsp-opt....

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1 Comment 1
Brendajoycer
Level 3
‎December 14, 2021 02:35 PM

RRSP

After December of the year you turn 71 years old, you can contribute up to your RRSP deduction limit to a spousal RRSP or common-law partner RRSP if your spouse or common-law partner is 71 or younger on December 31 of the year you make the contribution.

Below is the link to CRA where the above is stated

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/rrsp-opt....

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