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I over contributed to my RRSP by mistake (bonus got deposited in December directly into my RRSP account). I am wondering if I can allocate this amount to HBP repayment?
I did not check my RRSP limit for 2024 which ended up being way less than in 2023 - And in December 2024 my work bonus got directly deposited into my RRSP which resulted in over-contributing by a significant amount (about $15,000).
To fix it, can I allocate this amount to my HBP repayment?
March 13, 2025
7:05 AM