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Thread: RRSP withdrawal - same timing as contributions?

  1. #1
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    Default RRSP withdrawal - same timing as contributions?

    If an RRSP withdrawal is made before Feb 28 2017, does it count on the 2016 taxes just like a contribution in that timeframe would?

  2. #2
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    Default

    Withdraw is for calendar year.

    Withdraw from Jan 1, 2017 to Feb 28, 2017 is considered income for 2017.

    Your institution will give you a T4RSP for tax purpose.

  3. #3
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    Thanks. I know I could have googled, but I'm in the mood to just ask beyond every question that pops in my head. Watch for my "whats for dinner?" thread soon.
    Quote Originally Posted by killramos View Post
    This quote is hidden because you are ignoring this member. Show Quote
    You realize you are talking to the guy who made his own furniture out of salad bowls right?

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