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New Member
posted Oct 30, 2019 11:27:49 PM

Can I claim operating and transaction charges paid out for management of my RRSPs?

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1 Best answer
Level 15
Oct 30, 2019 11:27:50 PM

No, fees related to accounts that are tax-sheltered, like RRSPs, RRIFs, Pensions, or RESPs are never tax deductible. TFSA fees aren't deductible either, given TFSA income and growth is tax-free.

1 Replies
Level 15
Oct 30, 2019 11:27:50 PM

No, fees related to accounts that are tax-sheltered, like RRSPs, RRIFs, Pensions, or RESPs are never tax deductible. TFSA fees aren't deductible either, given TFSA income and growth is tax-free.