
How to use FHSA and RRSP withdrawals for a home down payment in Canada
Making an FHSA Withdrawal If you don’t use an FHSA, you lose out. Unlike RRSP contribution room, FHSA contribution room does not carry forward once you have purchased a home. You can requalify for an FHSA as a first-time home buyer if you do not own a home for at least four years, but if…