WhiteHaven now offering access to the FHSA to eligible mutual fund accounts

05/05/23

The Tax-Free First Home Savings Account (FHSA) is now available to eligible clients.

FHSA will give prospective first-time home buyers the ability to contribute $8,000 per year, and a $40,000 lifetime limit. Just like they are for an RRSP, these contributions are tax-deductible, and withdrawals towards the purchase of a first home are tax-free. Furthermore, as per Bill C-32, individuals can use both the FHSA & Home Buyer’s Plan (HBP) on the same qualifying home purchase.

To invest in this account through eligible mutual funds, contact your WhiteHaven representative.

Copyright © 2023 All rights reserved     Disclaimer    Privacy policy    LEVERAGE RISK DISCLOSURECONFLICT OF INTEREST DISCLOSURE CLIENT DISCLOSURE COMPLAINTS POLICY  
WP Feedback

Dive straight into the feedback!
Login below and you can start commenting using your own user instantly