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by apercu 300 days ago
It's not that I couldn't contribute to a 401k/RRSP that year, it's that I needed the cash for downpayment/repairs.

You can take a loan from your RRSP for a downpayment, but only on your first home purchase.

(I was an immigrant and had owned a house in the US, and I am apparently the only person who had ever answered that question honestly, so I could not borrow from my retirement, and I had to pay provincial sales tax because of this as well).