Invest and save for a qualifying first-home tax free.
Flexible investments to choose from
In an FHSA, you can hold stocks and Exchange-Traded Funds (FHSA).
Carry forward unused contributions
The maximum contribution is $8,000 (carry-forward rules apply)6. The total contribution room at any time cannot exceed $16,000.
Save yearly and withdraw easily
You can contribute up to $8,000 every year over a lifetime period of 15 years (or until age 71, or the year after a qualifying withdrawal). The maximum lifetime contribution is $40,000 which doesn't need to be repaid when making a qualifying withdrawal.
Canada
US
