Get T2220

The T2220 form is used for transferring property from a registered retirement savings plan (RRSP) or registered retirement income fund (RRIF) to another RRSP or RRIF due to a breakdown of marriage or common-law partnership. This guide offers clear instructions on how to accurately complete the form online, ensuring compliance with related tax regulations.

Follow the steps to successfully fill out the T2220 form online.

1. Use the ‘Get Form’ button to access the T2220 form and open it in your preferred editing platform.
2. In Area I, provide your social insurance number, name, telephone number, and address as the annuitant. Specify whether you are the annuitant of an unmatured RRSP or a RRIF by selecting the appropriate option.
3. Complete Part A by entering the individual plan number and name for the RRSP or the individual fund number and name for the RRIF you are transferring from.
4. In Part B, describe the amount to be transferred. Indicate either a specific dollar amount or a percentage of the total property in the identified RRSP or RRIF.
5. Proceed to Part C. Provide the relevant details about the destination of the transfer, including the name of the RRSP issuer or RRIF carrier, individual plan or fund number, and current or former spouse's or common-law partner’s details.
6. In Area II, the transferee must sign to agree to the transfer request, ensuring the plans conform to relevant requirements.
7. Area III must be completed by the transferor, confirming the transferred amount and related details.
8. Area IV requires the transferee to acknowledge receipt of the transferred amount, ensuring all information is accurate and complete.
9. After completing all sections, review your entries for accuracy before saving your changes. You can then download, print, or share the filled T2220 form as needed.

Complete your T2220 form online today to ensure a smooth transfer of retirement funds.