Posts Tagged ‘ Home Buyers Plan (HBP) ’

Home Buyers’ Plan (HBP) – how to maximize this plan

Home Buyers’ Plan (HBP) – how to maximize this plan

Before we begin this topic, we will briefly discuss how HBP works. Then we will talk about how to maximize this tax-saving strategy toward the end of this article. Home Buyers’ Plan (HBP) allows first-time homebuyers to withdraw RRSP to purchase or build a home without having to pay tax on the withdrawal. RRSP...

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Canadian High Interest Rate Savings Accounts

Each month I put away all my remaining money into some kinds of savings accounts until I need to use it. Instead of locking...

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