Are you a prospective first-time home buyer looking for a better way to save and invest for your first home? The First Home Savings Account (FHSA) is for you. In the below video, Lisa (one of our Associate Investor Specialists) takes you through the main benefits and features of this new investment account type and how it can help you achieve your homeownership goals more effectively.
Lisa explains the main features of the FHSA, who can open this type of account, how contribution and carry forward amounts are calculated, and other important rules that might impact the timing of when you choose to open the account.