RRSP Deadline was March 1st. Now, how about that RRSP Mortgage ?

An RRSP Mortgage is a way for you to pay off your Mortgage completely using the funds you have in your RRSP - Registered Retirement Savings Plan. Did you know that you can access more than the $ 25 K Limit ? If you owe 100 k on your Mortgage and you have $100 k in your RRSP you can pay off your Mortgage completely, then pay yourself back + Interest. More information on the following article.