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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.
You can transfer your RRIF from one financial institution to another. This may require selling the underlying investments, or paying transfer fees, but you wont incur income tax providing that you follow the proper procedures.
T2151 is for the direct transfer of a single amount (lump sum). T2033 is also a direct transfer slip, albeit under different subsections. A T2033 is used for transfers between RRSP, RRIF, SSP and PRPP accounts. You can also transfer money from these plans to your registered pension plan.
You can use Form T2220, Transfer from an RRSP, RRIF, PRPP or SPP to Another RRSP, RRIF, PRPP or SPP on Breakdown of Marriage or Common-law Partnership for transfers to a RRIF or an SPP transfer.
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.
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People also ask

What is a T2033 (CRA form T2033) ? This exciting number is the name of a transfer form you need to fill out to transfer RRSP funds between two institutions (say, youre changing stockbrokers, or you want to move your GIC to a mutual fund at a new company) without having to deregister the funds.

t2151 direct transfer