R.E.S.P.'s
$112,700 is the estimated ¹ cost to obtain a university education in 2018
R.E.S.P.s What they're all about:
The Credit Union Education Savings Plan (CUEPS) is a registered program designed to assist you in saving for the training and education needed to secure a child's future.
Highlights of the Plan:
Earnings grow in tax sheltered until withdrawn.
Ability to select the most convenient periodic* payment plan.
The Canada Education Saving Grant will provide an additional deposit of up to 20% of your contributions to the Plan.
A wide variety of investment options available to maximize security and flexibility.
For more information on CUESP and the Canada Education Saving Grant program ,contact the professional and knowledgeable staff at your credit union
Remember : December 31, 2008 is the last day to contribute in order to Qualify for 2008 tax year.
Why not start now and put aside a little each week . Call your Credit Union investment specialist Marlene or Don for free consultation.
¹Sours Human Resources Development Canada RESP Calculator using a 4% yearly increase of tuition living expenses.
*Some restrictions apply
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