Q: Retired, dividend-income investor. My wife has her own RRSP as well as a Spousal RRSP. We are both 68 year old and approaching the time where we shift our RRSPs into RRIFs.
I am considering the option of combining my wife's two RRSPs into one, to simplify things. What are the pros and cons of doing this? Is it a no-brainer just to do it?
Thanks...Steve
I am considering the option of combining my wife's two RRSPs into one, to simplify things. What are the pros and cons of doing this? Is it a no-brainer just to do it?
Thanks...Steve