Savings & Investments
Education Funding
With tuition fees and other education costs continuing to rise, a plan to start saving for a post-secondary education is crucial.
About Education Funding
With tuition fees and other education costs continuing to rise, a plan to start saving for a post-secondary education is crucial.
It’s never too early to start saving for your child’s education. With tuition fees and other education costs continuing to rise, developing an education funding plan today can give them that extra step ahead before they even apply for a post-secondary education.
Education funding consulting
At Life100, we believe in developing an education funding plan that looks at the big picture while factoring in smaller details. Many of our clients prefer a Registered Education Savings Plan (RESP) with automatic payments because the savings are guaranteed to grow, and grow tax-free until the money is withdrawn.
We can also consult with you on how the government’s RESP education savings grant can help build those education savings further, especially for those residing in Toronto, Brampton, Ajax, Markham or the Greater Toronto Area. Speak with a Life100 advisor today.
How Life100 places it
Your advisor puts the carriers on our panel side by side and explains the trade-offs in plain terms.
Advice and quotes are free. You only pay a premium once you decide to go ahead.
Your advisor reviews the plan as your circumstances change, not just on the day you sign.
Also in Savings & Investments
People often look at these together
Tax-Free Savings Account (TFSA)
A Tax-Free Savings Account allows you to save money without paying taxes on the growth.
Learn moreRegistered Retirement Savings Plan (RRSP)
A Registered Retirement Savings Plan, known as an RRSP, helps you save money for retirement with special tax advantages.
Learn moreInsured Annuity
Learn how you can have a regular stream of guaranteed income during retirement.
Learn moreThe value of an Advisor
An advisor will help you make the best choices for your situation, your investments and insurance needs.
Learn moreLife Insurance
Protect your family with customized policies that are suited to all incomes and needs.
Learn moreNext step
Start with the date, not the product
Tell an advisor when you need the money and what it is for, and the right plan follows from there.