Learn how the FHSA works, who can open one, how much you can contribute and potential downsides to using one.
00:00 - Intro
00:43 - Understanding the FHSA
01:18 - How the FHSA Works
03:02 - Who Can Open an FHSA
03:39 - FHSA Time Frames
04:36 - FHSA Contribution Limits
06:46 - What Happens if You Over-Contribute?
07:09 - What Types of Investments Can You Hold in Your FHSA?
07:32 - Where You Can Open an FHSA
07:54 - You Can Use the FHSA and the HBP Together
08:45 - The Potential Downsides of FHSA