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Don’t Miss Out On Your Free Canada Child Dental Benefit

Canada Child Dental Benefit

Every little bit helps. Child Plan’s mission is helping families provide for their children today and plan for their education and future. It’s a surprise to many that Canada has this great program, but not surprising no one knows about it.

The free Canada Child Dental Care benefit for your child application period ends June 30, 2024.

What is the Canada Child Dental Benefit?

The Canada Dental Benefit helps families with less than $90,000 in annual income lower their child dental care costs.

Who can apply for the Canada Child Dental Benefit?

Parents and guardians can apply if they’re currently paying the dental costs for a child under 12 and who doesn’t have their own private dentist or dental insurance program.

https://www.canada.ca/en/revenue-agency/services/child-family-benefits/dental-benefit/who-apply.html

How Much Canada Child Dental Benefit Can I Get For My Child?

Depending on your family income, you can receive tax-free $260, $390, or $650 per child under 12.

https://www.canada.ca/en/revenue-agency/services/child-family-benefits/dental-benefit/how-much.html

What’s The Maximum Canada Child Dental Benefit I Can Apply For?

You can apply for a maximum of 2 payments per child.

What’s The Deadline For Application For the Canada Child Dental Benefit?

Applications are open until Sunday June 30, 2024 (11:59 pm PT) for:

Where Can I Apply For The Canada Child Dental Benefit?

https://www.canada.ca/en/revenue-agency/services/child-family-benefits/dental-benefit/how-apply.html

In today’s challenging financial times, every little bit helps. As parents, our top priority is making sure our children are happy and well. Dental care is a priority for all parents and while many Canadians have access to private or company plans, many parents sadly don’t and it’s great that our Government listens to their concerns and helps. I only wish our financial community would do a better job of informing parents.

Going forward Child Plan will be regularly posting content that provides important and useful information to parents.

Every little bit helps and Child Plan’s mission and goal is helping families invest for their children’s future.

 

 

 

Sample Child Plan™ Cash and Insurance Value Illustration

Based on a Monthly Deposit of $250 per month

Age Accumulated Cash Value Life Insurance Value

20

$82,568 (Education)

$612,728

35

$177,953 (House)

$1,115,297

45

$303,299 (Security)

$1,115,297

65

$834,276 (Retirement)

$1,666,824

Sample illustration is for a child under age 1 based on a monthly deposit of $250 for twenty years. There will be no further contributions required after year twenty. The cash and insurance values are based on a dividend interest rate of 6% from a Canadian life insurance company.

Personalize Your Child Plan™

Request a Child Plan™ Illustration and see how much cash value your child will have for their education and for life.

*illustrations are reflective of the annual premium amount

To learn more how Child Plan™ will provide your child with the funds for their future education and financial security for life, book a virtual meeting with a Child Plan™ Advisor.