Member Services
Transfer from your RRSP to your FHSA
New to Outlook Financial?
If you are not a current member, open your membership by clicking the "Apply Now" button to the right and completing and submitting our quick online application!
If you don't already have an FHSA Plan with Outlook Financial
You must first fill out the following: Open an FHSA Plan
To Directly Transfer from an RRSP to your FHSA
A direct transfer from an RRSP to an FHSA is subject to FHSA contribution limits, although amounts transferred are not deductible like a FHSA contribution. A transfer from an RRSP to an FHSA does not reinstate an individual’s unused RRSP Deduction Room.
- Complete the RC720 Transfer from your RRSP to your FHSA Form.
- To invest your funds in a Fixed GIC log in to online banking to verify the transfer has been completed. Once verified, complete and submit our online Deposit Form to provide your investment instructions.