As of April 22, the “No contribution” option will be removed from the “Type of contribution” menu of the EVO new issue tool for all available registration types except for the FHSA.
What are the advantages of being able to open an FHSA without contributing at issue?
- It enables clients to quickly start their participation period
- The annual $8,000 contribution rights start to accumulate the year the contract was issued
How to see this modification in EVO?
Current options
After the modification (except for FHSA)
Questions? Consult your EVO FAQ