Good news! Starting November 13, clients can open an FHSA with iA Financial Group. By opening an account in 2023, your clients can “secure” their annual contribution room and contribute up to $16,000 in 2024 if they don’t make contributions in 2023.
Clients who want to start saving in 2023 can do so beginning December 11 using their High-Interest Savings Account. They will be able to make one-time or regular contributions by setting up pre-authorized debit (PAD). To get a tax deduction for 2023, they must contribute by December 31 of this year.
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How to open an account? The best way to open an FHSA account, and reduce wait times, is with EVO. Nine minutes is all it takes to sign up, signature included! Given the buzz around the FHSA already, use EVO Savings to guarantee you and your clients faster processing times. Give it a try! |
Contributions start December 11
Since FHSA contributions will only be available as of December 11, it will be important to use the digital tools available now: EVO Savings, My Client Space and the iA mobile app.
In short:
- November 13, 2023: FHSA accounts can be opened using EVO (to secure 2023 contribution room, deposits not allowed)
- December 11, 2023: FHSA contribution start date (invested into the High-Interest Savings Account)
Marketing tools
- Cheat sheet
- FHSA Calculator
- FAQ
- FHSA Brochure
- FHSA: transfers and tax considerations
- Personalized link FHSA: Contest to win $8,000! (brokerage, career)
- Ready-to-use social media posts: (brokerage, career)
- Advice Zone article: Is the FHSA for you?
- Podcast | Everything you need to know about the FHSA
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Your FHSA tools: the key to your success 👇
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Contest
Act now and give your clients the chance to win $8,000 when they open an FHSA account! The contest ends on March 11, 2024. No contribution necessary—opening an FHSA is all it takes to enter.
