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BlackEleven · 03-21-2006, 02:45 PM

You may know this already, but you can take out that 18K in your RRSP and put it towads the purchase of your first home with no penalty. The government allows you to take out up to 20K (I believe) and put that towards the purchase of your first home as part of their Home Buyers Plan.

03-21-2006, 02:45 PM	#6
BlackEleven Redundant Minister of Redundancy Join Date: Apr 2004 Location: Montreal Exp:	You may know this already, but you can take out that 18K in your RRSP and put it towads the purchase of your first home with no penalty. The government allows you to take out up to 20K (I believe) and put that towards the purchase of your first home as part of their Home Buyers Plan.