RRSP Season Is Here! Get A Higher Tax Refund
RRSP: Registered Retirement Savings Plan Season Is Here!
You have until March 1st, 2017 to reduce your 2016 income and get a higher tax refund. Making the Most of your RRSPs
The Home Buyers Plan (HBP) is a program that allows Canadians to withdraw up to $25,000 in a calendar year from their RRSPs to buy or build a qualifying home for themselves or for a related person with a disability. Under this plan, only first-time homebuyers are eligible to participate, unless the special rules for persons with disabilities apply. * You can be considered eligible for this program “again” if you have not lived in a home that you own. Call if you require more information 403-648-1541. Each spouse or common-law partner can withdraw up to $25,000 (combined $50,000) under the HBP from any RRSP under which he or she is the annuitant. This is an excellent opportunity to save for your first down payment. Make sure you make use of it! Contact us for more information! |
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