Can I transfer in my existing TFSA, RRSP, RRIF or DPSP funds to Common Wealth?
Yes, you can transfer any existing TFSA, RRSP, RRIF or DPSP funds into this plan. Log into your account and initiate the transfer-in process, and our team will take care of the rest. For DPSP transfers, please contact our Customer Success team by clicking on the “Submit a request” button at the top of this page.
A transfer of your TFSA, RRSP or DPSP from another financial institution does not affect your TFSA or RRSP contribution limit.
After you’ve completed your transfer-in, make sure to reduce your “Other savings” amount in your account so that your retirement plan reflects this new information.