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New Member
posted Oct 29, 2019 11:20:12 PM

Do i claim a RRSP that renews annually?

Its a GIC.

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1 Best answer
New Member
Oct 29, 2019 11:20:13 PM

Is the GIC kept inside your RRSP account? If it automatically renews every year within the RRSP account then you cannot re-claim it as a contribution each year because you're not adding any new money into the RRSP.

Hope that helps!

1 Replies
New Member
Oct 29, 2019 11:20:13 PM

Is the GIC kept inside your RRSP account? If it automatically renews every year within the RRSP account then you cannot re-claim it as a contribution each year because you're not adding any new money into the RRSP.

Hope that helps!