Direct Transfer of a Single Amount Under Subsection 147(19 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin with Section I, where you will enter your personal information including your last name, first name, social insurance number, and address. Ensure all details are accurate.
  3. In Part A, indicate the type of account you are transferring from (RRSP, RRIF, SPP, or PRPP) by checking the appropriate box and providing the plan number and issuer's details.
  4. Move to Part B to describe the amount being transferred. Specify whether it is all or part of the property and choose between cash or in-kind transfer options.
  5. In Part C, identify where the funds are being transferred to by filling in the relevant details for your new RRSP, RRIF, SPP, RPP, or PRPP.
  6. Complete Sections II and III as required by the transferee and transferor respectively. Ensure signatures are provided where necessary.

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Form used by an individual, a transferor and the transferee to record the direct transfer of certain property from an RRSP or RRIF to another RRSP or RRIF or to purchase an eligible annuity.
You can use Form T2030, Direct Transfer Under Subparagraph 60(l)(v) for this type of transfer. For these types of transfers you must issue a T4RSP slip or a receipt.
This form is used to directly transfer all or part of an annuitants RRSP or RRIF, to the RRSP or RRIF of the annuitants current or former spouse or common-law partner in specific situations.
The Canada Revenue Agency Direct Transfer Form (T2151) records the transaction of moving funds from your public service pension plan to a locked-in registered retirement account of your choice.
Designated transfer. The amount of your excess FHSA amount transferred from your FHSAs to your RRSPs or RRIFs using the prescribed form. Your designated transfer of the excess cannot be more than: The total amount transferred from your RRSPs to your FHSAs.

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For the direct transfer of MP RPP lump-sum amounts to a RPP, an RRSP, a RRIF, a PRPP, SPP, you and the RRSP issuer should fill out and submit Form T2151, Direct Transfer of a Single Amount Under Subsection 147(19) or Section 147.3.
If youre under 71 years-of-age and the pension regulations allow it, locked-in RPP funds can only be transferred to: Another group pension plan. A locked-in retirement account (LIRA) A locked-in registered retirement savings plan (RRSP)
Locked in RSPs and Locked in Retirement accounts (LIRAs) can be transferred the same way a TFSA or regular RRSP can. These account types usually start from an employer-sponsored pension or retirement plan, and once you end your employment with the provider, you are free to transfer the funds elsewhere.

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