Which other registered plans should I avoid transferring funds from my FHSA into ?
You cannot directly transfer funds out of your FHSAs to any other registered plans including:
- Tax Free Savings Account (TFSA)
- Registered Pension Plans (RPP)
- Registered Education Savings Plan (RESP)
- Registered Disability Savings Plan (RDSP)
- Pooled Registered Pension Plan (PRPP)
- Specified Pension Plan (SPP)
Any funds that you transfer out of your FHSAs to any other registered plan that is not an FHSA, RRSP, or RRIF will be treated as both :
- A taxable withdrawal from your FHSAs
- A new contribution to your registered plan
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