You must use your FHSA contributions within 15 years of opening the account, or by the time you turn 71 years old, whichever is sooner. After that time, you can transfer savings into an RRSP or RRIF or make a taxable withdrawal.5 No limit for qualifying withdrawals If you qualify to ...
most provinces at age 18. In certain provinces and territories, the legal age at which an individual can enter into a contract including opening a FHSA is 19. You must be at the age of majority in your province of residence. FHSA cannot be opened after the end of the year you turn 71...
15 years The total time you have to use your FHSA starting from the day you opened the account. Who qualifies for an FHSA? You’re considered a first-time home buyer if you’re a Canadian resident aged 18-71 who didn’t live in a home that you or your spouse owned in the last fo...
NO WARRANTIES APPLY AFTER THAT PERIOD. SOME STATES (OR JURISDICTIONS) DO NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, AND LIMITATIONS ON THEIR DURATION, SO THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU. LIMITATIONS OF LIABILITY INTEL'S RESPONSIBILITY UNDER THIS OR ANY OTHER WARRANTY, IMPLIED OR ...