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I read this bill C32 specifically about first home savings account so you don't have to. Even if I did not plan to buy my first home ever, I would still open this account. See, if I don't use the funds to buy my first home, I can eventually transfer it to my RRSP and that will not impact my RRSP contribution limit. Follow me for part 2. [BLANK_AUDIO]

I read this bill C32 specifically about first home savings account so you don't have to. Even if I did not plan to buy my first home ever, I would still open t…

Ideas in this flowchart

  • Bill C32 and First Home Savings Account
  • Opening the Account
  • Benefits of the Account
  • No Home Purchase Plan
  • Transfer to RRSP
  • No Impact on RRSP Limit
  • Follow for Part 2
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I read this bill C32 specifically about first home savings account so you don't have to. Even if I did not plan to buy my first home ever, I would still open this account. See, if I don't use the funds to buy my first home, I can eventually transfer it to my RRSP and that will not impact my RRSP contribution limit. Follow me for part 2. [BLANK_AUDIO]

"impact my RRSP contribution limit."

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