2.withdraw the RRSP under Home Buyer's Plan to pay off the mortgage
is there a "First" before "Home Buyer"? Not sure you can withdraw from your RRSP after you have bought your house.
the amount you took from your RRSP account has to be returned, else there are tax consequenses.
Post by 圆明园
is there a "First" before "Home Buyer"? Not sure you can withdraw from your RRSP after you have bought your house.
the amount you took from your RRSP account has to be returned, else there are tax consequenses.
i know what you saying, i didn't think of that. but it's only game, no need to go into that much detail.
a tax planning in real term requires much more information.