Help centre
Use the search bar to write keywords without giving out any of your personal information.
Can I open a FHSA account with my spouse?
No, the FHSA is an individual savings plan only.
However, if you buy your property with your spouse, you can combine both of your FHSA accounts.
Good to know
The lifetime contribution limit of $40,000 applies to everyone. You can therefore maximize the potential of your respective FHSA accounts and use them for the purchase of the same property.
Related questions
-
How to withdraw money from my TFSA? Here’s how to withdraw money from your TFSA. You should receive the funds in your National Bank account instantly. -
FHSA, RRSP or TFSA, which one to choose? Your RRSP (HBP), TFSA and FHSA are attractive savings programs for first-time buyers. Discover their distinct advantages. -
When will I receive my tax slips? Find out when your tax slips are due for the tax season. -
What is the minimum age for contributing to an RRSP? Find out at which age you can open an RRSP. -
Can I use multiple savings plans for my down payment? You can combine your RRSP (HBP), TFSA and FHSA when purchasing a property.
Chat with our virtual assistant
Ask a question for immediate answers to your questions, available 24/7