First Home Savings Account

Author: Leann Scarlett | Dec 12, 2023 | Categories: #First Time Home Buyers Savings Plan , Alberta Proud , Brokers Red Deer , Down Payment , First Time Home Buyer , Mortgage , Mortgage brokers , Mortgage Brokers Alberta , Mortgage Brokers Red Deer , Ponoka Mortgage Brokers , Red Deer Mortgage Brokers , Rocky Mountain House Mortgage Brokers , Universal Mortgage Solutions , Working with Realtors

The deadline is approaching to contribute to the First Home Savings Account for 2023 tax year. If you are considering buying a home in 2024 or beyond this may be a great way to start saving for that home.

I will refer to this progarm as "FHSA" as we go forward.

The FHSA is a combination between an RRSP and a TFSA account (I wrote a blog in September bout this that can be found under blogs on my website)

This post is just a quick "Hey, Don't miss the window to contribute for 2023" (it's December 31, 2023)

Call me if you have any questions about this one 403-342-2471