Fiscal and Financial Planning Guide 2024-2025
Retirees > Income splitting
Retirees who receive an income from a registered retirement income fund (RRIF), an employer pension’s plan or an IPP can generally split their pension with their spouse on their tax return starting at age 65.
At the federal level, an employer’s retirement pension or an IPP can be split even before age 65, as soon as the pension begins to be paid.
Note that an amount withdrawn directly from an RRSP cannot be split with the spouse. The amount must first be transferred from the RRSP to a RRIF and then withdrawn from the RRIF to be split.
