FHSA Explained Beginner s Guide First Home Savings Account 2023

FHSA Explained Beginner s Guide First Home Savings Account 2023

S
Smart Finance
3 Video Views·Mar 27, 2026

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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