FHSA (First Home Savings Account) | How to Save for Your First Home in Canada

Описание: Are you a first-time homebuyer in Canada? The First Home Savings Account (FHSA) is a powerful new tool to help you save for your dream home—faster and smarter! 🏡✨

In this video, we’ll explain everything you need to know about the FHSA:
✅ What the FHSA is and how it works
✅ Contribution limits ($8,000 annually, $40,000 lifetime)
✅ Tax-free growth and carry-forward benefits
✅ Who is eligible to open an FHSA
✅ What happens if you don’t end up buying a home

Whether you’re planning to purchase soon or just starting your savings journey, this account combines the best features of an RRSP and TFSA to maximize your savings and tax benefits.

📌 Watch till the end to see how the FHSA could be the game-changer in your home-buying journey!

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