Your website says"If you are the recipient of the pension and are 65 or older, you may split income from your RRSP, .." This is incorrect and a serious error.

[TurboTaxJeffrey · Accepted solution]

From Canada.ca:
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/pension-income-splitting/eli...

Eligible pension income

What is eligible pension income?

Eligible pension income is generally the total of the following amounts received by the transferring spouse or common-law partner in the year (these amounts also qualify for the pension income amount:(

• the taxable part of life annuity payments from a superannuation or pension fund or plan; and
• if they are received as a result of the death of a spouse or common-law partner, or if the transferring spouse or common-law partner is 65 years of age or older at the end of the year:
  • annuity and registered retirement income fund (including life income fund) payments;
  • registered retirement savings plan (RRSP) annuity payments; and
  • certain qualifying amounts distributed from a retirement compensation arrangement.

[wislon]

Unresponsive answer.  Please read the original question.

[TurboTaxJeffrey]

There was no question.

[TurboTaxJeffrey]

How ever as you can see, income from an rrsp is eligible for pension splitting.

[wislon]

Only if RRSP is converted to an annuity.

[TurboTaxJeffrey]

You mean like on the quote I included?  

[wislon]

You are missing the point. Your quote is from the taxman.  The original quote - which is misleading - is from Turbotax.  There is a multitude of ways for an RRSP to generate income e.g. dividends from stocks.  Annuities are actually mentioned separately later in the Turbotax article.

[TurboTaxJeffrey]

And yet.. 😄

[wislon]

That is too cryptic for me.  Please read https://turbotax.intuit.ca/tips/understanding-pension-income-splitting-for-seniors-5521 and tell me if you agree with what Turbotax says regarding RRSPs and pension splitting.