Help Your Children Gain A Brighter and More Secure Future!
Giving your children the education they need and deserve is an enormous challenge.
It’s most commonly understood that the cost of post-secondary education continues to rise steadily. Experts predict that by the year 2026, the cost of a four year University program will be over $114,700 which is quite astounding to consider, especially for parents with more than one child! The key to your children’s future career prospects and their attendant earning capacity is directly tied to the higher education that they receive. As you would be well aware, this not only affects their position in society and the corporate world but also their quality of life. A solid and beneficial higher education can mean the difference between a lifelong effort of struggle, or a lifelong pathway paved with success and fulfillment. Isn’t it every parents dream and pure joy to be able to give their children that critically important head start to a successful life?
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Types of RESP
Overview
Group RESP Vs Bank RESP. What's really the difference? Because of the diverse needs and varying investment philosophies that people have, there is a lot of diversity in the RESP investment field. Whilst this is a good thing on one hand, it can also create a lot of confusion and uncertainty on the other. Read full article.
RESP Dealers & Providers
Overview
Canadian RESP dealers are generally known as Group Plan RESP providers. They are regulated by the RESP Dealers Association of Canada (RESPDAC). Banks and Trust Companies also offer RESP accounts for clients, which are self-directed RESPs, as opposed to Group plans. Read full article.
Setting Up a RESP
Overview
The best way to set up a RESP for your children is to talk to an experienced adviser The representative will generally come to your home and explain everything for you in detail and answer your questions. They may also bring along some plan options so you can see how much you can save for your child's education based on various affordable contributions. Read full article.
Canada Education Savings Grant
Overview
The Canada Education Savings Grant (CESG) is positioned to support parents by making $7,200 per child available to families that are saving towards their children’s education. In order to qualify for the grant you simply need to start a RESP so that the grant can be funneled into it. Read full article.
The Escalating Cost of Education
Overview
It’s something that most parents hardly ever sit down and figure out,- the escalating cost of education. We certainly don’t wish to scare any parents about the realities of those costs of higher education but quite simply they can be astounding when taken into consideration.This doesn’t need to be any cause for major stress. Read full article.
The Canada Universal Child Care Benefit UCCB
Overview
Since July of 2006 the Canadian government has made available $100 per month for all children under 6 years of age by way of the Universal Child Care Benefit. This allowance has been provided in order to enable parents to enjoy greater child care options by way of giving financial support to benefit the welfare of Canadian children. Read full article.
