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Can I transfer OUT of my Variable RSP through MemberDirect?

April 26, 2017memberdirect RSP transfer

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Can I transfer OUT of my Variable RSP through MemberDirect?

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• No. As with the Christmas Saver account, you can select the Variable RSP but the transfer will not succeed. The Variable RSP will appear as an item on your “Transfer From” list, however you will not be able to withdraw from this account. You can make deposits (by transferring from another one of your accounts) to Variable RSP’s that already exist, using MemberDirect.