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Our response:

We can’t provide advice but try to provide general information to help take the next step. The spouse that contributes to a spousal RRSP gets to claim the deduction on their taxes but when withdrawals are made, the annuitant of the RRSP (or RRIF) will be taxed. There are attribution rules to be aware of, where if all or part of the contribution is withdrawn within a certain period, the spouse that made the contribution is taxed. If your question relates to an individual RRSP, the annuitant of the RRSP should only make contributions to the plan, otherwise there may be tax consequences.

Visit GetSmarterAboutMoney.ca to learn about RRSPs including Spousal RRSPs. Speak with a tax professional for advice that suits your personal and financial situation. Visit the CRA to learn more about withdrawing from spousal or common-law partner RRSPs.