Skip to content

Find a question

Can’t find what you’re looking for? Ask us a new question!

Can investments held within a TFSA be transferred to a non-registered account?



Our response:

In kind withdrawals are possible, when investments are transferred to a non-registered account. When in kind withdrawals are made, the value of the transaction will be considered the current market value of the investment and if subsequently sold, will become the cost basis for the non-registered investment for capital gain or capital loss determination.

You may wish to review the Canada Revenue Agency’s website for more tax related information and or speak with a qualified tax professional before acting.

Can’t find what you’re looking for?

Copy the URL to share:

  Share the site: