Should I Transfer Insurance Company shares to my
Question: Late last year we were fortunate to receive stocks through our insurance company’s demutualization. In talking to our accountant, he said that in our situation we should not be into stocks, regardless whether it was a windfall or not, that the stocks should be converted over to an RRSP. The problem is HOW do we convert them without increasing tax payable? Can the value of the stocks be totally converted into an RRSP without increasing our income levels and hence tax payable?