RRSP Home Buyers Plan

1 year ago
14

With the help of the CRA's Home Buyers' Plan, qualified first-time homebuyers can withdraw up to $35,000 tax-free from their RRSP to use as a down payment on a house. By participating in this programme, you can benefit from the tax benefits that RRSP contributions offer while setting aside money for a down payment on a property. In this video I am explaining the plan in detail.

First Time Home Buyers - https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/what-home-buyers-plan/participate-home-buyers-plan.html

If you have any questions in regards to investing contact me at - https://www.facebook.com/investingarun

LENDING LOOP - https://my.lendingloop.ca/lenders/retail_lenders/registrations/new?code=101992

Telegram Investing Group - https://t.me/joinchat/AR9rKSVBeYBjY2Yx

To start investing in the Stock Market you can use the following Referral Links.

✔️To get $50 in commission free trades in Questrade, when you deposit $1000 - https://www.questrade.com?refid=6061fdda56eef

✔️Arun is inviting you to join Wealthsimple. Get up to $3,000 in cash to trade stocks or crypto commission-free! Use this code C9BDQQ or the link below to sign up 🙌
https://my.wealthsimple.com/app/public/trade-referral-signup?code=C9BDQQ

My favourite ETF's
VOO - https://finance.yahoo.com/quote/VOO/
XIU - https://finance.yahoo.com/quote/XIU.TO?p=XIU.TO&.tsrc=fin-srch
QQQ - https://finance.yahoo.com/quote/QQQ?p=QQQ&.tsrc=fin-srch
SPY - https://finance.yahoo.com/quote/SPY?p=SPY

Disclaimer - I am not a Financial Advisor!

Loading comments...