What is the Home Buyers' Plan (HBP)?
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What is the Home Buyers' Plan (HBP)?
The Home Buyers' Plan (HBP) is a program that allows you to withdraw up to $25,000 in a calendar year from your registered retirement savings plans (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability.
Note
You will see references to the pooled registered pension plan (PRPP) in the HBP information pages. For more information, go to The Pooled Registered Pension Plan (PRPP).
Forms and publications
- Form T1036, Home Buyers' Plan (HBP) Request to Withdraw Funds from an RRSP
- Schedule 7, RRSP and PRPP Unused Contributions, Transfers, and HBP or LLP Activities
- RC471, Home Buyers' Plan (HBP) Cancellation
- Date modified:
- 2016-10-26