Using the Home Buyer Plan (HBP) from an RRSP for the down payment to purchase a house.

February 7th, 2017

Using the Home Buyer Plan (HBP) from an RRSP for the down payment to purchase a house.

February is the month to decide if you should be putting money into your Registered Retirement Savings Plan (RRSP) for the purchase of your first house!

The complete rules for investing and withdrawing funds from an RRSP can be found at the government of Canada’s site:

http://www.cra-arc.gc.ca/hbp/

Here ...