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New Member
posted Oct 30, 2019 9:08:07 AM

I would like to use some of my wife's RRSP contribution to repay my HBP annual amount. Can i dedicate any of her contribution to my HBP?

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1 Replies
New Member
Oct 30, 2019 9:08:08 AM

Once the RRSP contribution has been made to the financial institution and the official receipt has been issued the funds cannot be transferred for purposes of claiming on the tax return. Only the contributor and use these amounts for tax purposes. You can make arrangements for one spouse to give money to the other spouse for a contribution but only before the fact.