8 April 2020 External T.I. 2016-0668991E5 F - Death of RRSP or RRIF annuitant
When the annuitant of an unmatured RRSP or a RRIF dies and the surviving spouse is named as the sole beneficiary in the contract, should the...
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|Tax Topics - Income Tax Act - Section 146 - Subsection 146(8.9)||discretionary s. 146(8.9) deduction is available even where no timely issuance of T4RSP, but no deduction where annuitant with surviving spouse dies after the maturity of the RRSP||220|
|Tax Topics - Income Tax Act - Section 146.3 - Subsection 146.3(6.2)||s. 146.3(6.2) deduction can be less than the formula amount and does not depend on timely receipt of T4RIF – but applies only when the last annuitant of a RRIF dies||224|
|Tax Topics - Income Tax Regulations - Regulation 215 - Subsection 215(4)||T4RIF issued to surviving spouse rather than to deceased where transfer of entire eligible amount to surviving spouse’s RRSP or RRIF, and RRIF is fully distributed||268|
|Tax Topics - Income Tax Regulations - Regulation 205 - Subsection 205(1)||issuer required to issue T4RSP or T4RIF within a reasonable time after notification of death received after February filing date||116|