If you are spending your days worrying about your child's higher education after high school, then thank the Canadian government for designing the Registered Education Savings Plan (RESP), encouraging investment in your child's post-secondary education.Call Us Today!
Everyone is thrilled in the family when a newborn arrives home. Along with them, they bring joy, happiness, and specific responsibilities that parents need to take care of. From good health, financial security, safety while playing sports and ensuring their higher education, everything needs to be planned.
Your little bundle of joy will grow up quickly to start his/her college or university education in a few years. While most education in public schools is free up-to high school, one needs to save money for their child's college or university education. Canadian government motivates parents to save for their child’s higher education through the RESP program. The best way to save for your child’s higher education is RESP, where government matches your contribution with 20% Canada Education Savings Grant (CESG) to help and encourage you to save funds to pay for education expenses.
What if your child doesn't seek a college or university degree? Don't worry if your kid doesn't go for a qualifying program; you have certain options.
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At LifeSmart Insurance, our experts are available to advise you on your Child's Registered Education Savings Plan. They will
guide you and help you with all the information so that you start saving for your child's post-secondary education. Speak with
our RESP expert today to learn more.
Call us now to schedule an appointment. We can meet with you anywhere in Greater Vancouver while following the COVID -19 safety guidelines, OR we are ready to meet with you over the internet with the Zoom meeting platform. We can provide our services over the internet anywhere in BC and Alberta.