FundRobot » Funding Sources » Home Buyer Plan over RRSP limit?

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Default home buyer plan over rrsp limit

Hi,



I'm married and have most of my funds in an RRSP. We were looking to take advantage of the Home Buyers Plan (HBP) and withdraw from the RRSP towards our downpayment. I know limit is $25k per person. So can I contribute $50k entirely from one RRSP (it is under my name, our finances are together)?

Thanks!
PS: we are in Vancouver, BC Canada (if that matters)
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