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Can a Fund RRSP be used to purchase a home?

April 26, 2017fund Home purchase RRSP Used

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Can a Fund RRSP be used to purchase a home?

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Since December 1, 1998, the Fund has allowed share redemption under certain conditions, making it possible to benefit from the Home Buyers’ Plan (HBP). Also, periodic repayments under an HBP with another financial institution may be made to a Fund RRSP, allowing you to benefit from tax credits even though the RRSP deduction was already taken.