This video is a beginner's guide on the FHSA (first home savings account). In this video you will learn everything you need to know; What is a FHSA? who is eligible? what assets can you hold? tax benefits? how contributions work? how withdrawals work?
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CHAPTERS
0:00 what is a FHSA?
2:00 tax deductible
2:42 tax-free withdrawals
3:16 how contributions work
4:41 withdrawing
5:32 how to increase your down payment
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DISCLAIMER - This is not a sponsored video, all my content is my own opinion and experiences. I am not a financial advisor and my videos are for entertainment purposes only. The financial products above contain affiliate links. Which means I earn a commission when signing up using my link at no extra cost to you. In most cases you get a sign-up bonus. All of my affiliate partners are with companies I use for my own personal finances.
Music: Coupe By The Grand Affair & Intentions - Anno Domini Beats
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