I contributed to a Spousal Rrsp, where my husband is the annuitant. I didn’t know that it was using my Rrsp limit, stupid of me. I have over contributed over the $2000 limit.
Can my husband claim the over contribution as his own contribution?
if not, do I need to immediately withdrawal to avoid penalties from CRA?
Thanks in advance for any suggestions to my predicament.
Over contribution on Spousal Rrsp
in Credits and deductions
Posted
Hi there!
I contributed to a Spousal Rrsp, where my husband is the annuitant. I didn’t know that it was using my Rrsp limit, stupid of me. I have over contributed over the $2000 limit.
Can my husband claim the over contribution as his own contribution?
if not, do I need to immediately withdrawal to avoid penalties from CRA?
Thanks in advance for any suggestions to my predicament.