cjsgro@watrose.UUCP (cjsgro) (03/19/85)
Does anyoe know if it is possible to split up an RRSP into several little RRSPs? If so, what are the costs, complications, etc. involved? Please reply by mail. Thanks. -- Carlo Sgro ...{ihnp4||allegra}!watmath!watrose!cjsgro "Look up in the sky! It's a bird! It's a plane! It's SuperKernal!"
dave@lsuc.UUCP (David Sherman) (03/19/85)
Any time you withdraw funds from an RRSP, the entire plan must be closed out. But you can transfer any of that amount into another plan without tax cost. Whether there will be service charges depends on the institution. Anyone who wants professional help with tax returns or tax planning (it's never too early in the year to start tax planning), feel free to drop me a line - I can refer you to a good C.A. who's on the net. Dave Sherman (416) 947-3466 (office), 889-7658 (home) -- {utzoo pesnta nrcaero utcs hcr}!lsuc!dave {allegra decvax ihnp4 linus}!utcsri!lsuc!dave