I've encountered my first severe financial hardship and I've considered all other avenues to get out of this situation. My only option at this time is to withdraw some money from my RRSP's. I've never had to deal with this before and I don't know if there are any penalties? Is there a timeframe to pay back the money?
Any experiences or knowledge in this area would be much appreciated.
Joey T
Any experiences or knowledge in this area would be much appreciated.
Joey T