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0:51
YouTube
Green Helix Financial
Ask An Advisor - How to Use RRSPs to Buy Your First Home (First-Time Buyer Guide)
Did you know you can use your RRSP to help buy your first home - without paying taxes on the withdrawal? The Home Buyers’ Plan (HBP) lets you withdraw up to $60,000 tax-free from your RRSP. You have 15 years to repay the amount back into your RRSP - interest-free. If you don’t repay, the amount is taxed as income in the year it’s due ...
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