Smart Money: Saving For a Down Payment with Incentives
General Angela Calla 9 Nov
HOME BUYERS PLAN What it is: Use up to $35,000 of your RRSPs (registered retirement savings plan) toward your down payment. Those funds have to be repaid back within 15 years. Benefits: Any funds you contribute are tax-deductible. How to use it: If you’re palling to save the max ($35k) over 5 years, save $134/week. How to […]
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