Episode 5 - First Home Savings Account
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Episode 5 - First Home Savings Account
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Zach takes a look at the key benefits and structure of the soon-to-be First Home Savings Account rolling out in April, 2023. The Federal government has created this investment account to help those looking to get into the housing market achieve a downpayment. This new tool can even be leverage by people who may not intend to use the funds towards a down payment, by transferring the money over to their RRSP at the end of the 15-year limit. Find out why you should take advantage of this program and get your advisor to help you out!
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Disclaimer: The opinions expressed in this podcast are those of Zach Moffat, a registrant of Aligned Capital Partners Incorporated, and may not necessarily be those of ACPI. This podcast is for informational purposes only and is not intended to be personalized investment advice. Content is prepared for general circulation and the information contained does not constitute an offer or solicitation to buy or sell any investment funds security or other product service or strategy.
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