Transferring
You can transfer certain types of payments to an RRSP or from one registered plan to another, such as a registered pension plan (RPP), registered retirement income fund (RRIF), or a deferred profit sharing plan (DPSP).
You have to transfer certain payments directly—to ensure that these funds are transferred tax free, you must ask the payer to transfer them directly.
Generally, amounts you transfer directly to your RRSP do not affect your RRSP deduction limit. However, you may need to include an amount in income and claim an offsetting deduction.
You can also use certain payments from an RRSP or a RRIF to buy yourself an eligible annuity.
Amounts cannot be transferred to an RRSP if you were over 69 at the end of the tax year. See Options when turning 69 for more information
