ronnie o'sullivan

Mon, 04 May 2026 10:38:56 +0000

If you (or your employer for pooled registered pension plan (PRPP) purposes) contribute more to your RRSP, PRPP or SPP, or your spouse's or common-law partner's RRSP or SPP than your RRSP. You can reduce the over-contribution by withdrawing it from either your own RRSP or have your spouse withdraw the over-contribution from their spousal RRSP. If your spouse withdraws the. Your RRSP doesnt automatically pass to your loved ones tax-free when you die without proper planning, the full balance could be taxed at your highest marginal rate in your year of death.. This article covers RRSP over-contributions, including the over-contribution limit, penalties for exceeding the limit, and how to fix RRSP over-contributions.