Understanding the definition of a ‘home’ is crucial when starting a First Home Savings Account (FHSA). Clients cannot open a FHSA or make a tax-free withdrawal if they, or their partner, has lived in a home owned this year or in any of the past four calendar years. Additionally, tax-free withdrawals are only allowed when purchasing a qualifying home. For eligible clients looking to take the next step toward homeownership, Equitable is offering an added incentive to build their FHSA savings this summer.    From May 1 to August 31, 2026, certain FHSA actions — opening an account and every contribution— earns an entry into Equitable’s Grow Your Way Home contest. Supporting clients is simple with EZcomplete® and EZtransact®.   Speak to your Director, Investment Sales for more information and help guide clients through FHSA benefits, contribution strategies and simple ways to automate their savings throughout the summer. Together, you can help them move confidently toward their first home purchase.    ® and ™ denote trademarks of The Equitable Life Insurance Company of Canada.     Equitable’s Grow Your Way Home contest: No purchase necessary. Contest period is May 1, 2026 to August 31, 2026. Enter by: opening an Equitable FHSA during the Contest Period; making a deposit to your Equitable FHSA during the Contest Period; or submitting a no-purchase entry. Two prizes of $8,000 each to be drawn on September 21, 2026 will be awarded to clients. The servicing advisor for the contract to which the selected entrant made the deposit is also an eligible winner and will receive a $1,000 prize. Open to legal residents of Canada of the age of majority. Odds of winning depend on number of eligible entries received during the Contest Period. For full contest rules, including no-purchase method of entry, see the full contest rules.