Tue, February 11, 2025
[ Tue, Feb 11th ]: WOPRAI
Short squeeze is starting in shares of BRKHW at $ .. 35, after crossing above the $0.179 Trigger Price
[ Tue, Feb 11th ]: WOPRAI
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[ Tue, Feb 11th ]: WOPRAI
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[ Tue, Feb 11th ]: WOPRAI
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[ Tue, Feb 11th ]: WOPRAI
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[ Tue, Feb 11th ]: WOPRAI
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[ Tue, Feb 11th ]: WOPRAI
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[ Tue, Feb 11th ]: WOPRAI
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[ Tue, Feb 11th ]: WOPRAI
As of Feb 11th, 2025, there has been substantial selling of in recent trading
[ Tue, Feb 11th ]: MSN
Coca-Cola Company (KO): Among the Best Widow and Orphan Stocks to Invest In
[ Tue, Feb 11th ]: MSN
Don't want to put foot in my mouth again but SIP .. a costly asset class won't get you value: S Naren
[ Tue, Feb 11th ]: MSN
Got $1,000? 2 Value Stocks to Buy and Hold Forever
[ Tue, Feb 11th ]: bnnbloomberg
Trump imposes 25% tariffs on steel, aluminum
[ Tue, Feb 11th ]: MSN
Up 6% already in 2025, what's next for Wesfarmers shares?
Mon, February 10, 2025
[ Mon, Feb 10th ]: MSN
Best tax saving mutual funds or ELSS to invest in February 2025
[ Mon, Feb 10th ]: MSN
Top Canadian Stocks to Buy Right Away With $2,000
[ Mon, Feb 10th ]: MSN
With the Woodside share price down 21% in a year, should you buy more?
[ Mon, Feb 10th ]: MSN
Got $6,000? 4 Infrastructure Stocks to Buy and Hold Forever
[ Mon, Feb 10th ]: MSN
3 reasons to buy this resurgent ASX 200 tech stock today
[ Mon, Feb 10th ]: MSN
Allied Gaming regains Nasdaq compliance with bid price
[ Mon, Feb 10th ]: MSN
Invest $15,000 in This Dividend Stock for $1,135 in Passive Income
[ Mon, Feb 10th ]: MSN
Why Evolution Mining, Macquarie, Ramsay, and SGH shares are pushing higher today
[ Mon, Feb 10th ]: MSN
Invesco's Brian Hartigan talks the Nasdaq-100 turning 40 today
[ Mon, Feb 10th ]: MSN
Why this ASX 200 real estate investment trust (REIT) is rocketing 10% today
[ Mon, Feb 10th ]: MSN
Meta platforms CEO Mark Zuckerberg sells $39.7m in stock
[ Mon, Feb 10th ]: Yahoo
SCFR Receives $15,000 Grant
[ Mon, Feb 10th ]: CNN
Is something you ordered taking a while to be delivered? Tariffs may be to blame
[ Mon, Feb 10th ]: MSN
Is Chevron Corporation (CVX) Among the Best Widow and Orphan Stocks to Invest In?
[ Mon, Feb 10th ]: MoneySense
How to use FHSA and RRSP withdrawals for a home down payment in Canada
[ Mon, Feb 10th ]: MSN
CSL share price on watch amid $2.1b half year profit and dividend hike
[ Mon, Feb 10th ]: MSN
Is Eaton Corporation plc (ETN) the Best Environmental Stock to Buy?
[ Mon, Feb 10th ]: MSN
Is Autodesk, Inc. (ADSK) the Best Environmental Stock to Buy?
[ Mon, Feb 10th ]: MSN
Is Constellation Energy Corporation (CEG) the Best Environmental Stock to Buy?
[ Mon, Feb 10th ]: MarketWatch
Stock Market Today: Dow, S&P 500, Nasdaq rise as .. sess tariffs; gold hits record, Alcoa shares jump
[ Mon, Feb 10th ]: MSN
Is Johnson Controls International PLC (JCI) the Best Environmental Stock to Buy?
[ Mon, Feb 10th ]: MSN
Is Waste Management, Inc. (WM) the Best Environmental Stock to Buy?
[ Mon, Feb 10th ]: MSN
Is Tesla, Inc. (TSLA) the Best Environmental Stock to Buy?
[ Mon, Feb 10th ]: MSN
Is Linde plc (LIN) the Best Environmental Stock to Buy?
[ Mon, Feb 10th ]: MSN
5 Smart Strategies I'm Using to Balance Risk in My Portfolio This Year
[ Mon, Feb 10th ]: MSN
Tony Robbins: 5 Ways the Average Joe Can Build Wealth
[ Mon, Feb 10th ]: MSN
Is Procter & Gamble (PG) One of the Best Stocks to Buy for Financial Stability?
[ Mon, Feb 10th ]: MSN
Alibaba, McDonald's lead market cap stock movers on Monday
[ Mon, Feb 10th ]: MSN
Is PepsiCo, Inc. (PEP) Among the Best Widow and Orphan Stocks to Invest In?
[ Mon, Feb 10th ]: bnnbloomberg
Live updates: Poilievre says he'd match Trump's threatened steel, aluminum tariffs if he was PM
[ Mon, Feb 10th ]: MSN
The Best Canadian ETFs $1,000 Can Buy on the TSX Today
[ Mon, Feb 10th ]: MSN
Got $1,000? Here's How to Turn it Into Up to $140 of Passive Income Each Year.
[ Mon, Feb 10th ]: MarketWatch
Earnings growth should drive stocks higher, but beware tariff- and policy-inspired volatility: UBS
[ Mon, Feb 10th ]: MSN
Citi maintains McDonald's stock Buy rating, $336 target
[ Mon, Feb 10th ]: MSN
3 No-Brainer Artificial Intelligence (AI) Stocks to Buy Right Now
[ Mon, Feb 10th ]: MSN
Best mutual funds: These 6 value funds gave over .. cent return in the past 10 years. Do you own any?
[ Mon, Feb 10th ]: MSN
2 Vanguard Index ETFs to Buy With $500 and Hold Forever
[ Mon, Feb 10th ]: MSN
Best Online Stock Brokers And Trading Platforms In 2025
[ Mon, Feb 10th ]: MSN
Investing in gold? Nikhil Kamath lauds yellow met .. surpassed equity returns in past 2 years globally
[ Mon, Feb 10th ]: WOPRAI
As of Feb 10th, 2025, there has been substantial .. elling of Hyundai Motor Company in recent trading
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[ Mon, Feb 10th ]: WOPRAI
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[ Mon, Feb 10th ]: WOPRAI
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[ Mon, Feb 10th ]: WOPRAI
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[ Mon, Feb 10th ]: WOPRAI
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[ Mon, Feb 10th ]: WOPRAI
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How to use FHSA and RRSP withdrawals for a home down payment in Canada


//stocks-investing.news-articles.net/content/202 .. thdrawals-for-a-home-down-payment-in-canada.html
Published in Stocks and Investing on by MoneySense   Print publication without navigation

First-time home buyers in Canada can pull from savings in registered accounts to fund their down payment. Here's how to combine FHSA and RRSP withdrawals.

The article from MoneySense discusses how to leverage both the First Home Savings Account (FHSA) and the Registered Retirement Savings Plan (RRSP) for purchasing a home in Canada. It explains that the FHSA, introduced in 2023, allows first-time home buyers to save up to $40,000 tax-free for a down payment, with an annual contribution limit of $8,000. Contributions to an FHSA are tax-deductible, and withdrawals for buying a first home are tax-free. Additionally, the article outlines the Home Buyers' Plan (HBP) under the RRSP, where individuals can withdraw up to $35,000 to buy or build a home, with the condition that the amount must be repaid over 15 years starting two years after withdrawal. The piece provides strategic advice on how to coordinate these accounts to maximize tax benefits and savings for a home purchase, including considerations for those who might already have RRSPs or are planning to use both plans.

Read the Full MoneySense Article at:
[ https://www.moneysense.ca/columns/ask-a-planner/how-to-use-fhsa-and-rrsp-withdrawals-for-a-home-down-payment-in-canada/ ]

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