Personal Finance Canada

To maximize your 2023 tax savings with an FHSA, remember to make your contributions before December 31st. Unlike RRSPs, there's no option to carry over the first 60 days of 2024 contributions.

Additionally, if you're planning to contribute but lack the funds this year, consider opening an account and depositing a nominal amount, like $100. This strategic move will increase your carry forward room for next year to $7,900, which can be added to your regular $8,000 contribution limit, granting you a total of $15,900 available for contributions. Failing to do this could limit your next year's maximum contribution to just $8,000. Don't miss out on these opportunities!

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/first-home-savings-account/tax-deductions-fhsa-contributions.html