First home super saver scheme
Introduced in 2017, the First Home Super Saver (FHSS) scheme is one of the major incentives offered by the Australian government to assist first home buyers when saving a deposit.
In this module we look at how the FHSS scheme works including eligibility, which contributions to superannuation can and cannot be accessed under the scheme, and important consideration before using the FHSS scheme to save for your first home. This module includes information on:
- Important things to check before you start saving
- Eligibility
- How to save with the FHSS scheme
- How much can be withdrawn?
- Withdrawing your FHSS scheme funds from super
- Important timings
- Considerations before using FHSS scheme to buy your first home
Curriculum
8
Important information
Introduction
Saving using a bank account v the FHSS scheme
Getting started and eligibility
How to save with the FHSS scheme
How much can be withdrawn?
So, you're ready to buy a home!
Short quiz
