March 2019- Thinking of Spring Break already? Think about paying for post secondary education too. Opening a Registered Education Savings Plan (RESP) allows you to save for education related expenses, but also collect the government’s 20% matching Canada Education Savings Grant (up to $500 year, or $1000 year if you are eligible for retroactive grants). You can set up regular contributions to make savings easier, which also often results in achieving greater long term growth too.
Spring Break? Think RESPs.
by Heidi Pullem | Apr 2, 2019 | Tips