Make your dream a reality.
Is this savings plan for you?
Account type: Regular savings, guaranteed fixed-rate investment, market-linked guaranteed investment, investment funds
Return paid: Varies according to the product (account type)
Fees: None
Tax advantages: FHSA contributions are generally deductible on your income tax and can reduce your tax bill and allow you to accumulate your savings tax-free right up to the realization of your projects.
Maximum age to contribute to a FHSA: 71 years
Maximum annual contribution: $8,000 in 2024
Maximum lifetime contribution: $40,000
Choose from our various FHSA investments according to your risk tolerance and investment objectives.
| Regular Savings Account | Account to accumulate funds through a single deposit or scheduled periodic instalments |
| Guaranteed fixed-rate investments | Investments with capital 100% guaranteed and a fixed interest rate guaranteed until maturity |
| Market-linked guaranteed investments | Guaranteed capital investments with returns based on a stock market index or portfolio of financial assets |
| Investment Funds | Funds that help you diversify your portfolio and benefit from the expertise of seasoned fund managers |
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Contribution deadline
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| $8,000 |
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| 71 |
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To contribute a significant amount annually without straining your budget, just contribute throughout the year and avoid the February rush. This way, your capital will be in a tax shelter for a longer period of time since your contributions will earn interest from day one.
Select the regular instalment plan where your contributions are withdrawn directly from your account. You’ll see: a few dollars each week or month will add up.
To contribute once at the end of the year or to shelter capital such as bonuses, vacation pay, etc., your contributions can be made directly into your FHSA, with no deductions at source.
Products to which you can contribute cash:
No need to give it another thought – transfers are made automatically.
You can change the amount and frequency any time you wish.
All you have to do is choose the investment vehicle you want.
Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc.