Top Tips on Maximizing RESPs by Knowledge First Financial

Would you turn down $2000?

67% of eligible Canadian families are not taking advantage of the Canada Learning Bond available to them for each child. 

Knowledge First FinancialThe Canada Learning Bond (CLB) is a government grant to help lower income families save for their child’s post-secondary education. The really good news? RESP contributions are not required to receive the Canada Learning Bond. Qualifying for the grant provides your child with access to $500 at birth and an additional $25 to cover the costs of opening an RESP. Based on your income tax return, an additional $100 will be deposited in the RESP until your child turns 15. This can add up to more than $2000 in grants. And better yet, all you need is your child’s social insurance number to open their RESP.

So how do you get started? By visiting Knowledge First Financial at the Family Connects Expo on Sunday April 30th, 12-5 pm, at the WTCC. Ask how you can turn that $2000 into $7200!

For over 50 years, Knowledge First Financial has been dedicated to helping Canadian families obtain a post-secondary education through peace-of-mind savings solutions. Long before the introduction of Registered Education Savings Plans (RESPs), we understood the importance of offering affordable plans that fit into your family budget today to meet your child’s education needs tomorrow. Since 1965, the company has paid $3.6 billion to customers and students, and today manages $3.62 billion in assets on behalf of more than 250,000 customers.

At Knowledge First Financial, we believe the path to success starts with your decision to save with Registered Education Savings Plan. It’s a smart and proven way to invest in your child’s future that gives you more in the end – more funding for your child’s education and more peace of mind for you.

There are other ways to pay for education: personal savings, student loans, part-time student jobs. But the fact is, no other savings plan offers as much as RESPs with government grants, tax-deferred earnings and compound growth.

Our sales representatives specialize in RESPs and meet with Canadians from coast to coast to coast, each and every day. Thanks to their efforts, more Canadians learn about the importance of saving for their children’s future education with an RESP.  The company’s head office is located in Mississauga, Ontario and is staffed by professionals who are equally committed to helping our customers achieve their education savings goals.

Click here to learn more about Knowledge First Financial and other exhibitors at the Family Connects Expo.

Save the Dates May 27-28th, 10 am – 4 pm.  Visit Knowledge First Financial at the Family Connects Expo, Rath Eastlink Community Centre, Truro, NS. 

CLICK HERE to purchase advance tickets: $5 pp, $15 for family of 4-6. Tickets also available at the door: major credit cards and cash accepted. Like our Facebook Page for contests and promotions, too!

Our 2017 Charity of Choice for the Truro Expo is Maggie’s Place Family Resource Centre!