RRSP HOME BUYER'S PLAN


Home Buyer's Plan (HBP)*

*This information is taken from the website The Home Buyers' Plan - Canada.ca - to ensure this information is up-to-date, please visit this site.

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The Home Buyers' Plan (HBP) is a program that allows you to withdraw from your registered retirement savings plans (RRSPs) to buy or build a qualifying home for yourself or for a specified disabled person. Currently the HBP withdrawal limit is $60,000.


Note:

You can withdraw amounts from your RRSP under the HBP and make a qualifying withdrawal from your first home savings account (FHSA) for the same qualifying home, as long as you meet all of the conditions at the time of each withdrawal. For information about FHSA, go to First home savings account (FHSA).


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James Robinson

REALTOR

INITIA REAL ESTATE

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Agent Bio

James Robinson

James Robinson

REALTOR

INITIA REAL ESTATE

#200 52 Powell St., Vancouver, BC, V6A 1E7

jamesrobinsonrealtor@gmail.com

(604) 220-2706
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