Understand Kids Higher Education Financial Needs & Planning(Online Session)
About this Event
How finances for higher studies shall be planned? There is a wide range of investment options available beside RESPs including government grants contribution for each child. Learn how you can make a difference by saving for children's future.
What Will Be Covered...
a) How much will it be required for your child to plan for higher education?
b) What is RESP and how it works? Are there any other alternatives?
c) What will happen if a beneficiary does not continue their education after high school?
d) What happens to savings in an RESP when it closes/expires?
e) What are yearly & lifetime RESP contribution limits?
f) How RESP’s are taxed?
g) Can we add another child to an RESP family plan?
h) What are CESG or CLB grant rooms?
We will arrange a Session with the Expert in "Kids Higher Education Need Analysis"