Professional advisor for children's educational savings account

 http://www.fanofa.com


In Canada, children are free to attend public schools from the first grade of elementary school to the end of high school (twelfth grade). But university education is not free. Although Canadians receive a significant reduction in university tuition compared to international students, tuition fees are still significant depending on the field of study; Especially since many students study at universities far from where they live and parents inevitably have to pay for their accommodation and livelihood.



Children's Education Savings Account sponsored by the Government of Canada; Provides investment in postgraduate and university education for children under 18 years of age. By opening a children's education savings account, the Canadian government will also deposit money into the account, which will vary depending on the parents' investment and their income. The amount of these amounts varies. The method of calculating government financial aid has conditions that are closely related to the amount of parental participation in the children's educational savings account plan.

 When the child become 18 years, He/she can withdrawal this account. You can only use this account balance for your child's higher education. If for any reason your children do not want to continue their education, parents can return the part that the government contributed to the children's education savings account and withdraw the rest of the amount.

An education savings account is a type of registered account that exists to save for higher education in Canada. Holders of this type of account, in addition to savings and investments, enjoy benefits such as free cash as well as tax exemptions. Decide on your children's future right now. Contact us to benefit from the expert advice of our experts and figure out the best future for your children.

https://www.fanofa.com/sales-representative-financial-inc.-fanofa0001342.htm

http://www.fanofa.com


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