---
title: FHSA Contest
---

[![EL\_NewLogoREG\_EN\_col](https://info.empire.ca/hs-fs/hubfs/EL_NewLogoREG_EN_col.jpg?width=200&height=63&name=EL_NewLogoREG_EN_col.jpg "EL_NewLogoREG_EN_col")](https://www.empire.ca)

![Dreaming of homeownership? You could win $8,000 to help make it a reality!](https://info.empire.ca/hs-fs/hubfs/Investment_Marketing/FHSA%20-%20First%20Home%20Savings%20Account/Banner_Tertiary_WhiteOverlay_CTA-EN.jpg?width=2000&height=527&name=Banner_Tertiary_WhiteOverlay_CTA-EN.jpg "Dreaming of homeownership? You could win $8,000 to help make it a reality!")

# **Open an Empire Life FHSA and you could win $8,000 to boost your home savings.**

Building home savings is important for many Canadians and Empire Life could help you get those savings started. We’re offering you the opportunity to win $8,000 just for opening an Empire Life FHSA—that’s like an entire year of contributions!

## **How does the Empire Life FHSA contest work?**

![Entry ballot icon ](https://info.empire.ca/hubfs/Ticket-Icon.png "Entry ballot icon ")

### Entry into the contest is done automatically by simply opening an Empire Life FHSA during the contest period1 from Monday, November 2, 2026 to Friday, March 26, 2027 at 4 p.m. EST.

![Winning money icon ](https://info.empire.ca/hubfs/CashPrize-icon.png "Winning money icon ")

When you win your advisor wins: The eligible servicing advisor, if any, of the contest winner   
will also receive a $2,000 cash prize that will be awarded separately.

There is one prize of $8,000. The odds of winning the prize depends on the number of eligible entries received. NO PURCHASE IS NECESSARY TO ENTER THE CONTEST. The winning entrant and advisor must answer a time-limited skill testing question. Get the details of how the Empire Life FHSA contest works in the [FHSA contest rules.](https://www.empire.ca/2024-empire-life-fhsa-contest)

![Screenshot 2024-10-22 at 1.49.01 PM 1 (1)](https://info.empire.ca/hs-fs/hubfs/Screenshot%202024-10-22%20at%201.49.01%20PM%201%20(1).png?width=368&height=200&name=Screenshot%202024-10-22%20at%201.49.01%20PM%201%20(1).png "Screenshot 2024-10-22 at 1.49.01 PM 1 (1)")

## **Watch a quick overview video about FHSAs**

[![New call-to-action](https://no-cache.hubspot.com/cta/default/322854/0aab2cdd-d556-4e73-afbb-20e0dd94ccc9.png)](https://cta-redirect.hubspot.com/cta/redirect/322854/0aab2cdd-d556-4e73-afbb-20e0dd94ccc9)

![1530500-Laptop-Investments-EN 1 (2)](https://info.empire.ca/hubfs/1530500-Laptop-Investments-EN%201%20(2).png "1530500-Laptop-Investments-EN 1 (2)")

## **Visit the Empire Life FHSA webpage to learn more about FHSAs**

[![New call-to-action](https://no-cache.hubspot.com/cta/default/322854/914d0c74-07a8-4595-839d-3a4dad5b8f44.png)](https://cta-redirect.hubspot.com/cta/redirect/322854/914d0c74-07a8-4595-839d-3a4dad5b8f44)

## **Benefits of an FHSA—building towards your dream home**

![$40,000 lifetime contribution limit](https://info.empire.ca/hubfs/Layer_1.png "$40,000 lifetime contribution limit")

## $40,000lifetime contribution limit

![$8,000 annual contribution limit](https://info.empire.ca/hubfs/Layer_1%20(1).png "$8,000 annual contribution limit")

## $8,000 annual contribution limit

![FHSA can only be open for a maximum of 15 years.](https://info.empire.ca/hubfs/Layer_1%20(2).png "FHSA can only be open for a maximum of 15 years.")

## 15 years maximum an FHSA can remain open2

Speak with your advisor and enter the Empire Life FHSA contest today!  
A First Home Savings Account provides tax-free savings and withdrawals3 to buy or build your first home4 and you could win $8,000 from Empire Life.

1 Or by completing a "No Purchase Necessary" entry in accordance with the contest rules. Conditions apply. See the full [FHSA contest rules](https://www.empire.ca/2024-empire-life-fhsa-contest).  
2 Unlike an RRSP or TFSA, contribution room only starts to accumulate once an FHSA has been opened.  
3 Must be a qualifying withdrawal.  
4 Must be a qualifying home.

Policies are issued by The Empire Life Insurance Company.  
® Registered Trademark of The Empire Life Insurance Company

A description of the key features of the individual variable insurance contract is contained in the Information Folder for the product being considered. Any amount that is allocated to a Segregated Fund is invested at the risk of the contract owner and may increase or decrease in value. Please read the information folder, contract and fund facts before investing. Performance histories are not indicative of future performance. A First Home Savings Account (FHSA) may not be right for all investors. Please speak with an advisor to determine if you qualify and whether an FHSA is right for you.