Types of Investment Accounts

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FHSA

First Home Savings Account

HOME | WHAT WE DO | INVESTMENTS

The First Home Savings Account (FHSA) is a registered account that helps eligible Canadian residents save for their first home.

Contributions are tax-deductible, and qualifying withdrawals to purchase a first home are tax-free, including all investment growth.

Highlights:

  • Annual contribution limit: Up to $8,000/year 
  • Lifetime contribution limit: $40,000 
  • Tax-free growth and withdrawals for your first home 
  • Contribution room carries forward to the next year if unused 
  • Must be a Canadian resident18+, and a first-time homebuyer 
  • Contributions are generally deductible on your annual income tax return, reducing your taxable income for the year

The FHSA is a powerful tool for anyone saving for their first home purchase in Canada, and we can help you open and invest in your FHSA as part of your larger financial strategy.

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Phone

Direct: 236-427-3873

Cell: 604-916-5289

Office: 866-463-8972

Fax: 866-463-8972

Contact

Paulo Sergio Moulatlet, CFP

Investment Funds Advisor, Investia Financial Services Inc. 

Life Insurance Advisor

Location

404-1688 152 St Surrey,

BC V4A 4N2

Mutual funds, exempt market products and exchange traded funds are offered through Investia Financial Services Inc. The particulars contained herein were obtained from sources which we believe reliable but are not guaranteed by us and may be incomplete. The opinions expressed on this website have not been approved by and are not those of Investia Financial Services Inc. This website is not deemed to be used as a solicitation in a jurisdiction where this Investia representative is not registered.

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