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How do I withdraw for the Home Buyers' Plan (HBP) from my TD Direct Investing RSP?

To withdraw from your TD Direct Investing Retirement Savings Plan (RSP) for the Home Buyers' Plan (HBP), please follow these steps: 

1. Complete the Home Buyers' Plan form.

2. Provide a signed Letter of Direction with instructions to confirm where the proceeds should be sent to. Choose from any of the following options:

  • To a TD Canada Trust bank account (as a deposit)
  • To your home address (by cheque)
  • To a bank account held at another Canadian financial institution (a void cheque is required for this deposit to be made)
  • To a TD Direct Investing non-registered account

3. Submit the HBP form and the signed Letter of Direction at your local TD Canada Trust branch or Contact Us.

Note: Please ensure you have sufficient cash available in the Canadian dollar component of the RSP. HBP withdrawals cannot be processed in-kind or in USD cash.

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