The government allows people to hold multiple TFSA and RRSP accounts. This means that it’s up to you to determine what happens to any other TFSA or RRSP accounts you hold. You can choose to transfer all of your funds into your new plan account (done directly within the platform) or keep them where they are. If you wish to consolidate your RRSP and TFSA savings in this plan, you can initiate a transfer from your online account, and our team will take care of the rest. A direct transfer has no impact on your contribution limits or tax implications.