Furlonger Associates Professional Corporation wishes you and your family a happy and safe holiday season. We have all experienced strenuous times during the last two years, to say the least. Despite the challenges, we are so grateful for your continued support and patronage of our firm throughout the uncertainty of this pandemic.
Home Buyer’s Plan
The Home Buyer’s Plan is a program that allows you to take a tax free, lump-sum withdrawal from your RRSP to buy or build a home for yourself or for a related person with a disability. Withdrawals of up to $35 000 can be made but note that the withdrawal must be made using form T1036 “Home Buyer’s Plan Request to Withdraw Funds from an RRSP”.