Subsection 146.4(4)
Paragraph 146.4(4)(j)
Administrative Policy
17 June 2025 STEP Roundtable Q. 5, 2025-1061551C6 - RDSP Financial Hardship Withdrawals
For a registered disability savings plan (“RDSP”) that is a primarily government assisted plan (“PGAP”), i.e., government contributions...
Paragraph 146.4(4)(l)
Administrative Policy
2 December 2024 External T.I. 2023-0973581E5 - Registered Disability Savings Plan
The beneficiary of an RDSP had Down syndrome and a life expectancy of 60 years. Would the rules regarding withdrawal of funds limit the utility of...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 146.4 - Subsection 146.4(4) - Paragraph 146.4(4)(p) | s. 146.4(4)(p) only describes situations when an RDSP must be terminated, and does not stipulate that a plan cannot be terminated in other circumstances | 293 |
| Tax Topics - Income Tax Act - Section 146.4 - Subsection 146.4(4) - Paragraph 146.4(4)(n) | n situations of severe financial hardship, CRA may permit excess withdrawals to occur from a PGAP | 195 |
Paragraph 146.4(4)(n)
Administrative Policy
2 December 2024 External T.I. 2023-0973581E5 - Registered Disability Savings Plan
In the context of a discussion of how withdrawal limitations under the s. 146.4 rules might apply where the beneficiary of an RDSP had Down...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 146.4 - Subsection 146.4(4) - Paragraph 146.4(4)(l) | limitations on withdrawals from a privately-funded RDSP may potentially be overcome through requesting a lump-sum withdrawal | 377 |
| Tax Topics - Income Tax Act - Section 146.4 - Subsection 146.4(4) - Paragraph 146.4(4)(p) | s. 146.4(4)(p) only describes situations when an RDSP must be terminated, and does not stipulate that a plan cannot be terminated in other circumstances | 293 |
Paragraph 146.4(4)(p)
Administrative Policy
2 December 2024 External T.I. 2023-0973581E5 - Registered Disability Savings Plan
Regarding how withdrawal limitations under the s. 146.4 rules might apply where the beneficiary of an RDSP had Down syndrome and a life expectancy...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 146.4 - Subsection 146.4(4) - Paragraph 146.4(4)(l) | limitations on withdrawals from a privately-funded RDSP may potentially be overcome through requesting a lump-sum withdrawal | 377 |
| Tax Topics - Income Tax Act - Section 146.4 - Subsection 146.4(4) - Paragraph 146.4(4)(n) | n situations of severe financial hardship, CRA may permit excess withdrawals to occur from a PGAP | 195 |
Subsection 146.4(6)
Administrative Policy
25 February 2021 Internal T.I. 2020-0865641I7 - Settlement Payments to Registered Plans
After noting that it is CRA’s policy to consider that a settlement payment made to an RRSP or RRIF respecting an actionable loss suffered by it...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 146 - Subsection 146(8) | damages payment received by annuitant is not a benefit if paid over to the RRSP by year end | 253 |
| Tax Topics - Income Tax Act - Section 207.01 - Subsection 207.01(1) - Unused TFSA Contribution Room - Paragraph (b) - Element D | damages payments made to a TFSA are not treated as a contribution | 143 |
| Tax Topics - Income Tax Act - Section 207.01 - Subsection 207.01(1) - Registered Plan Strip | advantage if RDSP damages are received by a holder who is not a beneficiary | 220 |
| Tax Topics - Income Tax Act - Section 146.1 - Subsection 146.1(7.1) | RESP damages received and retained by the subscriber would be included under s. 146.1(7.1) | 174 |