Over 71? You May Still Contribute to a Spousal RRSP (2026)

Most people think RRSP planning ends at 71. But if your spouse or common-law partner is younger, you may still be able to contribute to a spousal RRSP, and you may be able to claim the deduction yourself if you have available RRSP deduction room. In this video, we explain who qualifies, how the tax side works, and the one timing rule you must understand before you act. In this video: ✅ Why your own RRSP ends after the year you turn 71 ✅ When a spousal RRSP is still possible ✅ Why it uses your own RRSP deduction limit, not your spouse's ✅ How the attribution rule works, and why timing matters ✅ Who this strategy may help, and who it won't ⚠️ This is general information, not financial or tax advice. A spousal RRSP does not automatically lower your taxes, and it is not right for every couple. Always confirm your situation with the CRA or a qualified tax professional. 📚 Official Information Canada.ca — Spousal or common-law partner RRSPs https://www.canada.ca/en/revenue-agen... 📞 Phone Number CRA: 1-800-959-8281 #SpousalRRSP #rrsp #canadianseniors #retirementcanada #taxplanning #canadaretirement #seniorfinances #IncomeSplitting #wiseseniorcanada Music: Acoustic Guitar 1 by Audionautix Licensed under Creative Commons Attribution 4.0 https://creativecommons.org/licenses/... Artist: http://audionautix.com/ 🎬 Made with Vrew