Wednesday, February 12, 2014

RRSPs

The deadline to contribute to your RRSPs is March 3rd this year. If you have considered buying a home, saving your down payment in an RRSP is a wonderful way to do it. Each first time home buyer can use up to $25,000 of their RRSP on a down payment for their first home tax free. You must repay the funds within 15 years. If you would like to speak with one of my financial advisor partners about contributing to an RRSP, contact me today!

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