As per Canada Revenue Agency (CRA): Line 13000 – Retiring allowance: a retiring allowance is an amount you receive on or after retirement from an office or employment in recognition of long service. You may also receive this amount if you lose your office or employment, whether you were dismissed or have resigned. The non-eligible part of your retiring allowance that your employer transfers directly to your RRSP, RPP, PRPP or your SPP wherein tax will not be withheld.
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