Get a head start on saving for your child’s education and contribute regularly to their Registered Education Savings Plan (RESP). Anyone, including grandparents, can invest in a child’s future by opening up or adding to an RESP – an account designed to help grow finds for a post-secondary education.
Start An RESP For Your Children And See Their Future Grow
Contributing small amounts to your child’s RESP can go a long way in saving for a post-secondary education. The savings will grow over time through compounding interest and the funds provided by the federal governments Canada Education Savings Grant.
The basic Canada Education Savings Grant provides 20 cents on every dollar contributed, up to a maximum of $500 on an annual contribution of $2500.
-BMO Financial Group
BMO offers RESP products that can help you invest in your young ones education.
Ask me how you can give someone you care about a head start.
Financial Security Advisor
Life Insurance Broker
WP: (519) 648-9580
FX: (519) 489-2740
244 Woolwich St. South, Unit #1 ~ P.O. Box 261 Breslau, ON ~ N0B 1M0