Is pension income splitting allowed for PROVINCIAL pension plans?

You and your spouse or common-law partner may be able to jointly elect to split your eligible pension income if you meet all of the requirements.

 

For more information, please visit Canada Revenue Agency (CRA) webpage: Eligible Pension Income

• Eligible Pension and Annuity Income (less than 65 years of age)
• Eligible Pension and Annuity Income (65 years of age or older)

For additional information please see our TurboTax article: Understanding Pension Income Splitting for Seniors

 

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