REVscene Automotive Forum - View Single Post - Questions Regarding RRSPs Home Buyers' Plan (HBP)

SoNaRWaVe · 09-19-2013, 12:26 PM

IIR, you don't need a minimum balance. You just need to have whatever you're going to take out of the RRSP, up to $25k max. And as mentioned in that link, you have 15 years to repay it back into the RRSP.

09-19-2013, 12:26 PM	#2
SoNaRWaVe I Fwap Fwap Fwap to RS Join Date: May 2007 Location: Burnaby Posts: 1,518 Thanked 1,536 Times in 427 Posts Failed 170 Times in 59 Posts	IIR, you don't need a minimum balance. You just need to have whatever you're going to take out of the RRSP, up to $25k max. And as mentioned in that link, you have 15 years to repay it back into the RRSP.