RRSP

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How to truly maximize the Home Buyers Plan with your spouse

The Home Buyers' Plan (HBP) is nothing new in Canada, the basic gist being that RRSP contributions, which generate a tax deduction in the year paid, can be withdrawn later (max $25,000) to purchase a qualifying home in Canada.  There are number of requirements that must be met, including: when the home must be purchased by, how long [...]

How to truly maximize the Home Buyers Plan with your spouse 2017-02-10T08:50:53+00:00