Blog by Barb Pasternak,

Blog by Barb Pasternak

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Is the Home Buyers Plan Right for You

..." If you’re a first-time home buyer, this program will allow you to withdraw up to $25,000 from your RRSP, tax-free, in order to buy or build your own home."...

..."Through the Home Buyers’ Plan, you are not charged any tax on your RRSP withdrawal, and you have a set amount of time to replace the funds in your account – a bit like an interest-free loan."...

Check this out for more info..