Navigator - Pension income splitting

March 10, 2026 | RBC Family Offices


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Learn about reducing your family's tax bill in retirement by splitting pension income between spouses at different tax rates.

Your family may be able to reduce its total tax bill by allocating certain types of retirement income from a spouse who's subject to tax at a higher rate to a spouse who's subject to tax at a lower rate. This article summarizes the pension income splitting rules, which you may want to consider as part of your overall retirement income plan.

 

The Navigator - Pension income splitting