FHSA – First Home Savings Account
Save Smarter for Your First Home
The new First Home Savings Account (FHSA) combines the best of RRSP and TFSA — with tax-deductible contributions and tax-free withdrawals when buying your first home.
We’ll guide you through setting up your FHSA, tracking contribution limits, and making the most of your home-buying power.
Key Benefits
Save up to $40,000 with tax-free growth
Contributions are tax-deductible like an RRSP
Withdrawals for a home purchase are tax-free like a TFSA
Unused funds can be transferred to an RRSP without penalties
Let’s Talk About Your Goals
It’s never too early — or too late — to start planning. Book a call today and take the first step toward financial confidence.