Financial Channel

I used to work for 1 company which had an RRSP matching program with TD.
I just changed companies and the new one RRSP matches through RBC.

Is there a no-penalty/tax free way to transfer the funds from the TD on to the RBC one?

I'll do some googling too.
Thanks,
Lorne

I found this T2033 form. Does that do what I'm looking for?

You can transfer tax free. TD might charge you a penalty, depends on what the program conditions were.

My suggestion would be to call RBC, they'll tell you what to do to transfer the funds to them.

Yes. The RevCan T2033 form is used to transfer funds from one registered plan to another.

There is no tax penalty to transfer although TD, depending on how long you've been with them, may charge a transfer-out fee.

Sometimes though, you also have to fill in an internal transfer form. It depends on the funds administration.

Thanks!