RESPs

Registered Education Savings Plan (RESP)

Will your children be able to afford a post-secondary education?

The current cost of four years of post-secondary education is about $53,081.

In 18 years, this will rise to $107,532 if education costs increase by 4% per year and to $225,081 if costs increase by 8% per year.

RESPs are an excellent way to save for your child's education. They are a tax sheltered investment and include incentive grants from the government. Unity Credit Union offers RESP plans as an agent for Concentra Financial Inc. and there are a number of investment options available. More

For more information contact our

Financial Services Department

Or

Credential Financial Strategies Inc.

Credential Financial Strategies Inc. offers financial planning, life insurance and investments to members of credit unions and their communities.
 

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