should you use the first home super saver scheme (FHSS)

gen z money

Are you wondering how to save for a house deposit while interest rates are so low? Azaria, in this episode, explains all you need to know about the First Home Super Saver scheme (FHSS) and how it may work for you. She touches on:

👉🏾 how the first home super saver scheme (FHSS) works

👉🏻 some of the common misconceptions about the scheme

👉🏼 what the pros and cons are

👉 how it may help you save on tax 🤑

👉🏽 the rules involved and the penalties that can apply 😬

Here's a link to the ATO's explanation of the FHSS that Azaria mentioned: https://www.ato.gov.au/individuals/super/withdrawing-and-using-your-super/first-home-super-saver-scheme/

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