After leaving SAIT, you can:
- keep your RRSP or TFSA with Canada Life;
- transfer the money to another financial institution.
- withdraw the money - note there may be withdrawal fees from Canada Life
If you take your contributions from your RRSP in cash, you’ll have to pay taxes on those funds.
If you take your contributions from your TFSA in cash, you don’t have to pay taxes on those funds.
For more information, please visit SAITNOW.