iAtoday

We’re committed to offering flexible, intuitive and easy-to-manage solutions to drive high value for our partners and clients and support their diverse needs.  

Good news! The group first home savings account (FHSA) will soon be part of our product line. In keeping with our mission of supporting our clients through every stage of their total wellbeing journey, our teams have been working over the last months to develop this savings solution.

We are planning to gradually roll out the group FHSA beginning in fall 2024, with the goal of making it available to all groups by early 2025.

What are the benefits of the FHSA?

The FHSA improves access to homeownership, allowing eligible individuals to contribute up to $8,000 per year, for a lifetime total of $40,000 toward purchasing an eligible property. Contributions are tax deductible, and investment income and withdrawals used to purchase a first home are tax-free. The FHSA combines the advantages of a registered retirement savings plan (RRSP) and tax-free savings account (TFSA).

Stay tuned! Full details of the group FHSA are coming soon!