Get Ready with RESP

1
Get Ready with RESP
2

• Getting your child educated involves lot of
  efforts. Especially when the cost of higher
  education is so high, parents have to prepare in
  advance to meet the costs. If you are not well
  prepared, it will cause hindrance in your childs
  higher education.

3

• The government of Canada has approved a savings
  plan called the Registered Education Savings Plan
  which helps the parents to prepare for the future
  expenditure.

• This plan is not only approved by the government
  but the returns on the investment are exempted
  from tax in the hands of the parents.

4

• Since 1965, the Heritage Education Funds have
  been offering RESPs to parents and helping them
  to save for the future of their children. The
  money is collected from all the subscribers and
  invested smartly in low-risk and high return
  opportunities.

5

• It is very easy to open a Heritage RESP. You will
  need to provide some documents and the Social
  Insurance Number of your child. When you are
  associated with this plan, your children can also
  get financial aid from the other government
  approved education plans. You can choose to
  invest as you like in this plan. It can be every
  month or once a year or even once every five or
  ten years. Your funds are totally safe and you
  get good amount of money at the maturity of the
  plan, when the child turns 18 years old.

6
Thank You