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:(
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:(
How ever as you can see, income from an rrsp is eligible for pension splitting.
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.
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.
Gee it wasn't cryptic to me. I read the link you posted and am fully comfortable with it. You are making much ado about nothing.
Jeffrey you are being very tolerant. And polite. This guy is just looking to be a dirt disturber for some reason.
OK gentlemen. Go ahead and follow the advice from Turbotax. Withdraw monies from your RRSPs, split the income with your significant other and wait for the CRA to come calling.