Random Thoughts: A New Year Has Come
The New Year is here – see what the markets have in store for us! Dive in & discover the highs & lows with this blog post. #newyear
RESP or Registered Education Savings Plan is an essential program for saving for University and post-secondary school expenses.
I stopped and checked, and I have dedicated a lot of electronic ink on the subject of the Registered Education Savings Plan and specifically my “interactions†with TD and associated Universities over my daughters’ academic careers. While I used the TD Mutual funds, there are many other better ways to do this. For anyone planning on sending their children to a post-secondary school, the RESP is an essential financial tool.
This is free money folks, why you would not want to have it, is beyond me.
The New Year is here – see what the markets have in store for us! Dive in & discover the highs & lows with this blog post. #newyear
The Canada Learning Bond is an important part of the RESP program, however, it is limited to lower income families.
Do students really understand the cost of University and the impact on their future lives? Unfortunately not as many as you would hope.
Are you eligible for the CLB or Canada Learning Bond? You need to have a fairly low family income.
The paperwork associated with the Registered Education Savings Plan (RESP) can be daunting, in terms of the stuff to read.