Ontario Community Newspapers

Canadian Champion (Milton, ON), 9 Feb 1994, p. 36

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

ROYAL LEPAG-E Royal LePage Real Estate Servces Ltd. . 13L ý I - R',-t. Dumke $0555-I OW w t il .,à Oi Iomo 3 t0oo à .. - $ klbs ôc.o tPO >"c bO b. --ô~e 11.0 Bbtor 1* l 0 RRP Home Buyéï Plan Ift you'rs &int Of hsylag a bmli "ac the iîmil for th. emo.ieod 4a= - Mens, ycu MnY Wu te onmuier tdung adl- vantap cf the RSP Homea Doyers' Pla.. Rccessdy extendeol by the b&.u govemn- metfor n auiosi yeK, dise PLaU duo"w 338-9000 mo malton 875-2582 R«I Euftat Boearàs w7,e Name Friend Recommend 878-81 01 388 Main Street East Milton hi5 NlSriSii. 2 *.M Cbnfb0h Orlûktcens a tar4y OIMonai cOd 11 W(M at toma- ei Bab .,. - onrd 'OrS kW015 f00 La ON,, ou* an Cm Im aNis' WANTED Four-bedoan o*sii lm.a in Tustasta or &mesa Mwadews bS5tpusas Upoo an n 0 pOU Ms ttwd*ms ef asong 0hen taffi GO 50055 MrO ipiec Vuy "h.t triOt a PMo MNtas Io 401 a Gsi5505 pr«. D@ti LAsi.o G0, Nousu' OS EI Pro a- ý ý I I r .4V -.a~ Aî~us L.sr-Coe5poV oui. rasas Oc SusOlOuiWtsda. bonne bu>wst t wst*mas; a" goi 52.000 k. thefr RegîstesedRaen SaVUIng Pla (KRSP tb Wacin. or bWW à boit beaasty cf bhis opoial plan 's dma no incarsnet mla dstjucéd fau ths funds a long as; they're repai o tan USP accordhîg tudi ttgowsunenss repsyomn ac*se". Sois Birit-lin. bottes bayer nd xi satns humna ows eau particpate lin planO. To takeî advantage of thse pio, yco must enta inca an agbeement su boy or build a qualifylng homen and withtkaw fusndî; trons your RRSP ballote Ma"c Z 1994 Afler enteing the agreenst, Yom Muna omplete a Homea Buy.,, Wsthofrswal Ap- plication foimt available front Revenuea Casnda On-e You've comleted the fim you ----d ---b-it isu your RRSP isajer (battit nuedit union, 11fe insase ompany, trit Company or brckoeag flum). Once approvd, lia fcra gves you pet. mision tu withrm fonds fion your RRSP iliout any taxes being wthhbeld. Ycu cmo tha ne RRSP, as long as;in $20,000 lit is ot exceeded. Howevur, if yces bave a spaue wbo is alto eligible, yo cao cacb wadsdraw op to $20.000 toward thse dow payon, for a wWa of 540,000. A "ea essai profesionaJ cm providc you with deutils on bow to wthtkw fond fion. yoor RRSP Since the pospoue of the plan is tu provide accets 10 exastis RRSP fonds, yoo cum anly wltbskaw RRSP contributions miade prior ta )ecember2, 1992. To b. eligible under the plan, bhomns mset be Iacated in Canada and cans b. pre. 'lcsly owned by yourself or ycew spoose. be homen yoo imndo ta purchaïe nast alto be occupiol as yor principal place of widence, and tIse clcuang of the de1s] ms ake place by Sepeember 30, 1994. Botb cxhsÀig and newly butl basins are Iigible. They inclode detacbed or semidetacbsd outes, townhouaes, conidominiuns, mobile cons or apfinstents in a duplex, triples, curplex, or apartnt buildings. Sares in s-aperative bcosisig ccsporuioes mm alto ligible usnder tise plan. The iosney you withdrsw mast bt nepaol ias leait 15 eqoal yeary instalsinus to tain your tax-deftnred status. li you cbaase ta psy test tdma your ;beduled asinusi payrSnnts, the amomsi ths su dass't repay msiî be reported as incosin p yonr tax retorD for thi yen. Your SP payens bave teobe miade on bplfcs becember 31 of eacb yen, wh te repaysnent picod begismig in 1995. nise repsysints do nat bave to bc made to be saine liSP tram wbicb you wlthdrew e fonds. Yo do ot receive 4, econid tax break ben yau niake ms an nal rtepaysistt. Sa, au must inform your RRSP isisurer that it's x s regular contribution sand ccsnplet an RSP repynt form. OYL LiPAQE Sandy [WPup. 878-1013

Powered by / Alimenté par VITA Toolkit
Privacy Policy