If you do not have a spouse, your RRSPs O are taxed as capital gains...

80.2K

Verified Solution

Question

Finance

image
If you do not have a spouse, your RRSPs O are taxed as capital gains upon your death. O are jointly owned and therefore tax-free. O can transfer tax free to adult children as beneficiaries upon your death O are fully taxable

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students