Article 5RFTW Is a First-Time Home Buyer Savings Account Worth It?

Is a First-Time Home Buyer Savings Account Worth It?

by
Mike Winters
from Lifehacker on (#5RFTW)
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If you're planning on buying a home in the next few years, you might consider parking your down payment in a First-Time Home Buyer Savings Account (FHSA). A few states currently sponsor FHSAs, and they're different from basic savings accounts in that they can save you thousands of dollars in tax deductions. However,...

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