 鲜花( 0)  鸡蛋( 0)
|
Is this guide for you?
, n4 }& Z6 a" HUse this guide if you want information about the rules that
! n# {! b: ~3 M( \9 V: ~apply to the Home Buyers’ Plan (HBP).! A6 g% q( Y. g: ^- G4 n B
What is the HBP?& K) n. [) U% L" J6 G" X
The HBP is a program that allows you to withdraw up. U1 o0 e/ w8 F) |
to $20,000 from your registered retirement savings plans
- m# g4 M( Q6 \. ^7 E. p(RRSPs) to buy or build a qualifying home. However, the
" K* A P" U% ^, a8 bprogram sets out certain conditions for participation. If an: t( s. y) j3 U6 n
individual meets all the applicable HBP conditions, the: M w) K0 j. @4 f1 S4 W+ p( |
withdrawals will not have to be included in his or her m" ~" w; s) B) |5 C( w) Z
income, and the RRSP issuer will not withhold tax on these
7 F* o8 V) g3 u+ o1 p+ X$ s6 vamounts. If you buy a qualifying home with your spouse or
* n5 Z$ p l( l& X, f5 Ocommon-law partner, or with other individuals, each of
# ~, S& Z! L- W. Dyou can withdraw up to $20,000." d2 x' H& y; c. L& S, ]2 I' _
Under the HBP, you have to repay all withdrawals to your
* ?( a( g% d6 ~0 J. WRRSPs within a 15-year period. Generally, you will have to8 Z2 G# \/ V) K3 z3 Z7 h0 p
repay an amount to your RRSPs each year, starting the( b& a) y% S7 p
second year after the funds are withdrawn, until you have! J6 {0 q$ W' ? T) k, c
repaid the total amount you withdrew. If you do not repay8 q4 I$ O9 {! d
the amount due for a year, it will have to be included in
6 v0 N" O* U; H7 n0 t; X5 C/ m; K7 ayour income for that year. |
|
狗仔卡
发表于 2004-9-8 07:23
提升卡
置顶卡
沉默卡
喧嚣卡
变色卡
显身卡
楼主
