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>Canada Education Savings Grant

Posted by juliabennet on July 21st, 2011

Education enables us to evolve and at the same time it offers us the chance to create a better future for ourselves Cheap Luke Glendening Jersey , in an environment where it is more and more difficult to have a decent lifestyle. Therefore, if you are concerned about your child’s education and you want to offer him the best possible education you should know that you can opt for Canada Education Savings Grant which is meant to help you save money. The Canadian government wants to encourage parents to save for education and this is why it came up with CESG and RESP.

Canada Education Savings Grant is a savings incentive program that helps you save money for education and once you enter this program your child will be able to study in a trade school, college or university. The basic cesg involves paying 20% of RESP contributions made for an eligible beneficiary until the end of the calendar year when the beneficiary turns 17 years old Cheap Henrik Zetterberg Jersey , up to a maximum of $7200 per child. The additional Canada Education Savings Grant is a payment of 10 or 20% on the first 500$ of the annual RESP contributions and the amount of money the child is entitled to receive varies according to the net family income of the primary caregiver of the child.

All children can benefit from Canada Education Savings Grant provided they are residents in Canada and they have a RESP. The best part about this grant is that it is sponsored by the government, it is very easy to apply for and all the information you need on Canada Education Savings Grant is available online. Therefore, with a little bit of research you will find out everything you need to know about CESG and you will be able to make an informed decision as far as this savings plan is concerned. The main advantages provided by RESP are its flexibility Cheap Anthony Mantha Jersey , the fact that it has a tax-deferred investment growth and the. Cheap Jerseys Cheap Jerseys Wholesale Cheap Jerseys Free Shipping Cheap Jerseys Cheap Jerseys Free Shipping Wholesale NFL Jerseys Wholesale NFL Jerseys Cheap NFL Jerseys China Cheap Jerseys Wholesale Cheap NBA Jerseys

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