With mortgage payments, household bills, RRSP contributions and other financial obligations, it may seem difficult to come up with the savings you need for your child’s education. One of the most effective ways to reach your goals — and ensure your child’s education receives the priority it deserves — is to commit to ongoing contributions through an RBC RESP-Matic. With an RESP-Matic, you contribute to your Registered Education Savings Plan (RESP) regularly and automatically. It's one less thing to worry about.
Of course, contributions will continue to benefit from all the advantages of an RESP, including eligibility for the Canada Education Savings Grant (CESG) and other government incentives, tax deferral and a wide range of investment choices.
Ensure your child’s education receives the priority it deserves. Contact an advisor today or go online to to set up a regular contribution to your RESP!
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