Open ProvincesSpousal RRSPs: contributions, withdrawals and attribution rules
The contributor and account annuitant can be different people; timing, attribution rules and receipts matter when money is later withdrawn.
Adapted from a guide first written for Quebec readers: passages specific to Quebec were removed. Rules in your province may differ.
A spousal RRSP is registered in one spouse’s or common-law partner’s name, while the other partner may make the contribution and claim the deduction if they have room. The account belongs to the annuitant, but withdrawals can trigger attribution rules.
Plan the contribution
- Confirm the contributor’s available RRSP room and the annuitant named on the account.
- Keep receipts that identify which partner made the contribution.
- Coordinate the contribution with workplace pension adjustments and other RRSP deposits.
- Discuss ownership and separation implications before moving money.
Understand withdrawals
If the annuitant withdraws during the attribution period associated with contributions, some or all of the amount may be attributed back to the contributor for tax purposes. The precise rule depends on contributions and withdrawals across the relevant period. Do not use a spousal RRSP as a short-term cash account without checking the consequences.
Sources and limits
Source: Canada Revenue Agency spousal RRSP guidance. Attribution depends on contribution and withdrawal timing; verify the current rule and retain both partners’ records.
General information based on federal and national rules; provincial rules may differ. Confirm with the official body before acting.