Not all pensions are split the same way. This post explains the critical differences between splitting a company pension using CRA’s T1032 form, and splitting CPP benefits through Service Canada. While pension income splitting offers flexibility and tax savings year to year, CPP splitting is a more rigid process—requiring mutual consent both to start and stop.
#pension, #CPP, #pensionsplitting, #splitting, #CPP2 #Income #CRA #Taxes

https://www.canajunfinances.com/2013/03/04/cpp-splitting-a-different-process/