Should I put the pension money I received in my divorce into an RRSP?

[TurboTaxSusan]

It would depend on your circumstances. However, under certain circumstances, amounts can be transferred from an RRSP, RRIF, PRPP or SPP to another RRSP, RRIF, PRPP or SPP tax free if that transfer is due to divorce. So if you are eligible for this tax free transfer, that may be the best option.

This blog post has more information on transferring amounts from an RRSP, RRIF, PRPP or SPP after a divorce: https://turbotax.intuit.ca/tips/t2220-transfer-form-11286

If you have TurboTax Live Assist & Review, here is how to talk to a Tax Expert: https://turbotax.community.intuit.ca/community/navigating-turbotax/help/i-m-using-turbotax-live-assi...