CLICK HERE FOR A FREE RESP ILLUSTRATION!
Projections indicate that by year 2017
it will cost more than $76,000 for a four-year university program for a
student living away from home. Statistics Canada has revealed University
tuition has risen 126% in the past ten years. With post-secondary education
becoming a necessity we realize the importance of helping our children
fulfill this need. With the increasing costs one would wonder how they would
afford to put a child through a post-secondary education.
Solution
A Registered Education Plan is a sound investment
for educational planning, it allows you to accumulate investment income on
tax sheltered basis.
What the RESP offers
With our RESP's you may have access to:
- The Canada Education Savings (CES) Grant - 20% of
your annual contributions
- An Education bonus that can reach up to 15% of
your contribution when your child is ready to start his/her post-secondary
education
- Diversified Investments - offers good potential
on your capital and security of your savings
- Flexibility to change the plans beneficiary
- Transferring your investment income - Possible to
transfer investment income into your RRSP if the child chooses not to
pursue post secondary education
GET AN RESP ILLUSTRATION!
To apply for the
20% Government Grant the beneficiary (child) is required to have a social
insurance number.
Click Here to Apply
