Invest in Your Child's Future
Registered Education Savings Plans (RESPs) are one of the most powerful savings programs offered to Canadians. Not only can your savings grow tax free until the beneficiary is ready for university or college but the federal government wants to give you money!
Nexus Community Credit Union offers a wide variety of investments options for RESPs.
Start Saving Early With RESPs!
In the last 15 years, the cost of Canadian tuition at Colleges and Universities has tripled! Combine that with vastly increased costs of living and one can imagine what it is going to cost attend post secondary education institutions in the future. Combat those rising costs by starting a savings plan early. Even small periodic contributions can add up to big savings when it is time to exercise your brain.
Future students need a Social Insurance Number to start a RESP.