is a government approved plan for the purpose of providing post-secondary education funding for a beneficiary. Income earned within the plan is not taxed until it is withdrawn.
A Credit Union Registered Education Savings Plan is the smart way to save for your family’s future. A post-secondary education is critical in an increasingly competitive job market. Each year, fewer high school graduates are in a position to afford to continue their education.
With the costs of higher education increasing almost every year, early planning is essential. Let Swan Valley Credit Union help you invest for your family’s education. For more information on RESPs visit the Canada Revenue Agency website.