Plan for your child’s future
No parent wants to compromise when it comes to your child’s education; school is one of the best investments you can make to set your child on the path to happiness and success. But if faced with financial constraints, you can be forced to make tough decisions. RESPs help prevent this challenge.
At Vital Insurance, we offer the best Registered Education Savings Plans (RESPs) to help knock down the financial barriers that stand in the way of your child’s future.
Your RESP is a tax-advantaged account: you are not taxed on earnings in the account, and when funds are withdrawn by the student there is often little or no tax to be paid. With education costs at an all-time high in Canada, RESPs are an important way to prepare for future tuition fees from the earliest years of your child’s life.
Talk to us today about giving your child the best head start with an RESP.
