Wednesday, 16 February, 2011

First Time Buyers in Toronto Real Estate - Use your RRSP for First Home Purchase

Help for first time  home buyers in Toronto !

The amount of money that you can withdraw from a Registered Retirement Saving Plan (RRSP) without a tax penalty has been increased .Now first-time buyers can withdraw $25,000 tax-free from a Registered Retirement Savings Plan (RRSP) to purchase or build a new home (up from $20,000).

0 comments: