I retired in dec 2011 and made a contribution to my RRSP in 2014 of $6390 only to complete repayment of my HBP. However, the amount should only have been $5112

How do I remove the excess from my RRSP?  It has never been used as a tax deduction.


Thank you

Answer

Is the excess an actual over-contribution? (ie. You contributed $6390 in RRSPs prior to determining that the actual remaining amount on your HBP was $5112)  If that's the case, you may be out of luck, since the amount of $6390 was already registered as an RRSP contribution.  

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