Thursday, February 11, 2010

Home Buyers' Plan (HBP) & RRSP

Hello friends,

Greetings again..welcome back to new hot topic of RRSP usability of the Home Buyers' Plan (HBP)
Here are some link and information to be more precise, pl find out from CRA SITE or call me if I can be help..

Home Buyers' Plan (HBP) & RRSP


The Home Buyers' Plan (HBP) is a program that allows you to withdraw up to $25,000 (after January 27, 2009), from your registered retirement savings plan (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability .


Click on one of the topics below to learn more about the HBP.


Topics about Home Buyers plan


Conditions
Conditions that have to be met before you can withdraw funds from your RRSPs under the Home Buyers' Plan

Participating
How to participate in the Home Buyers' Plan

Canceling
How to cancel your participation in the Home Buyers' Plan

Repayments
How to repay withdrawals made under the Home Buyers' Plan

Special circumstances
What if the participant dies, becomes a non-resident, or reaches the age of 71

Questions and answers

Important dates


Forms and Publications


Guide RC4135, Home Buyers' Plan (HBP)


Form T1036, Home Buyers' Plan (HBP) - Request to Withdraw Funds From an RRSP


Schedule 7, RRSP Unused Contributions, Transfers, and HBP or LLP Activities


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Vijay Gandhi,
Sales Representative- REALTOR®,
RE/MAX Dynasty Realty Inc. Brokerage*
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