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How do I withdraw from my TD Direct Investing RSP account on WebBroker?
You can withdraw Canadian cash from your Retirement Savings Plan (RSP) to another TD account (including TD Canada Trust bank account and TD Direct Investing account) using WebBroker, (applicable withdrawal fee and withholding tax) will apply.
Follow these steps or watch our video to complete withdrawal online:
- Log in to WebBroker.
- Select Accounts > Transfers & Withdrawals > Withdrawals from RSPs, RESPs
- From the RRSP/RESP Cash Withdrawals landing page, Select RRSP
- Follow through the guided steps to complete the transfer
Note: The following types of RSP withdrawals cannot be completed online:
- Home Buyer's Plan (HBP) or Lifelong Learning Plan (LLP)
- US cash withdrawal
- Securities in-kind withdrawal
- Depositing withdrawal to another financial institution (will require a soft copy of the voided cheque)
If you wish to make the above types of withdrawal, please Contact Us.
Online requests will be processed in 2 business days.
Please note that the answers to the questions are for information purposes only for the products discussed. Individual circumstances may vary. In case of discrepancy, the documentation prevails.