Learn how to save for a home in Canada by comparing RRSP, TFSA, and FHSA accounts. Discover tax benefits, contribution limits, and withdrawal rules for each account to maximize your down payment savings.
➡️ In this video, we cover the option of using an RRSP for a down payment, the flexible contributions and tax-free growth of a TFSA, and the unique advantages of the new FHSA specifically designed for first-time homebuyers. Understand how much you can save with each account and the importance of balancing your savings for a home with other financial goals. Consult a financial advisor or reach out to Steadyhand for personalized advice.
✅ Resources
• TFSA Contribution Room Calculator: [ Ссылка ]
• FHSA Explained (our full guide): [ Ссылка ]
• CRA RRSP Home Buyers' Plan Eligibility: [ Ссылка ]
• CRA FHSA Eligibility and Withdrawal: [ Ссылка ]
🔹 Video Chapters 🔹
0:00 Intro: Choosing the Right Account Type
0:32 1) Understanding the RRSP Home Buyers’ Plan
1:17 2) TFSA (Tax-Free Savings Account): Most Flexible Account
1:39 3) Advantages of the New FHSA (First Home Savings Account)
2:06 Maximizing Your Down Payment Savings
3:32 Important Reminder: Non-Registered Accounts
3:57 Setting Realistic Goals for First-time Home Buyers
4:43 Considerations and Eligibility for Using These Accounts
---------------
📚 SUBSCRIBER GIVEAWAY: Not sure where to start—or if you’ve started, how to prioritize? Subscribers to the channel can grab this Free Insider’s Guide “It's Really not Rocket Science” - [ Ссылка ]
✅ For more info visit: [ Ссылка ]
💬 What was your main takeaway from this video? Let us know in the comments below. And don't forget to subscribe to Steadyhand here ⤵
[ Ссылка ]
---------------
🗓 Attend Our Webinar: Get To Know Steadyhand 🗓
[ Ссылка ]
---------------
📍 Welcome to Steadyhand's official YouTube channel!
Steadyhand is a Canadian investment firm that offers low-fee investments with easy-to-follow advice and a simpler, more human experience for all Canadians.
On this channel, we produce jargon-free videos to help you stay informed & educated on relevant investment topics. We've been managing money since 2007 and over 4,000
Canadians have entrusted us with more than $1 billion in investments. Our clients enjoy direct access to world-class fund managers and a level of genuine financial stewardship that you just don't find at the big banks and brokerages.
➡️ Our straightforward lineup of funds, easy-to-follow investment advice, and candid reporting enable our clients to weather the ups and downs of the markets with confidence. We offer hands-on, personalized service, and are ultra-accessible.
In short: Steadyhand offers Canadians a better way to invest!
We hope you find the videos on this channel informative and if you are interested in the services we offer then please visit our website. If you enjoy the videos you see on this channel then make sure you subscribe and hit the notification bell so you find out as soon as we post a new video! 🔔
---------------
📲 Follow Steadyhand on social media:
Facebook ▶️ [ Ссылка ]
Linkedin ▶️ [ Ссылка ]
Twitter ▶️ [ Ссылка ]
✅ Subscribe to our Blog and Newsletter
[ Ссылка ]
If you'd like to explore whether Steadyhand may be a good fit for you, reach out to us:
📞 1-888-888-3147
📧 info@steadyhand.com
🌎 [ Ссылка ]
📍 Vancouver Office (1747 West 3rd Avenue Vancouver, BC V6J 1K7)
📍 Toronto Office (3690-130 King St W, Toronto, ON M5X 2A2)
---------------
#Steadyhand #rrsp #tfsa #fhsa #firsttimehomebuyer #downpayment #homeownership
Home Buying in Canada: RRSP vs. TFSA vs. FHSA
Теги
fhsa explainedfirst time home buyer canadatax free savings account canadainvesting for beginnerstfsa canadatfsa vs rrsp vs fhsafhsafirst home savings accountdown payment savingsfirst time home buyersaving for a home down paymenttfsa vs rrsp vs fhsa : which account to invest in first?saving for a house canadahow to save downpayment canadafhsa to buy a home in canadarrsp tfsa fhsa comparedhow to save for a home in canadahome ownershipsteadyhand