What’s a Tax Free Savings Account (TFSA) A Tax-Free Savings Account is a Canadian government registered account available to all Canadians over the age of 18. Started in 2009, contributors (depositors) are permitted to deposit a government set amount of money every year into their TFSA account. The amount of the annual contributions are set…
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68% Of Canadian Parents Worry Their Children Will Be Worse Off Financially Than Them!!!
If you think things are difficult financially for you today, how will your children fare in the future? A 2021 Pew Research Poll conducted found that of 17 countries polled, 64% of parents believe their children will be worse off financially than they are. Canada ranked sixth among the 17 countries, with 68% of parents…
Top 3 reasons The RESP is no longer relevant for your child’s future education
This article is brought to you by Insurance for Children, Canada’s leader in financial planning for children and the creator of Child Plan ™ the fastest growing alternative to the RESP. When you went to university or college, did you ever think one day your child will want to learn a trade rather than get…
RESP for Grandchildren: Grandparents Guide to Financial Investments for Grandchildren
This article is brought to you by Insurance for Children, Canada’s leader in financial planning for children and the creator of Child Plan ™ the fastest growing alternative to the RESP. A new grandchild is a special occasion whether it is the 1st or the 10th grandchild. Often there are gifts at the baby shower…
Newborn Checklist Canada: Best Investment Parents can Make for Their Baby
This article is brought to you by Insurance for Children, Canada’s leader in financial planning for children and the creator of Child Plan ™ the fastest growing alternative to the RESP. Congratulations! You’re about to become a parent, the best job in the world! Or maybe you’re about to become a parent again. You’ve probably…
How to Save Money in Canada: Tips on Financial Planning for Your Child’s Future
This article is brought to you by Insurance for Children, Canada’s leader in financial planning for children and the creator of Child Plan ™ the fastest growing alternative to the RESP As a new parent, nothing compares to all the “firsts” you experience, the joys and challenges – and the inevitable ups and downs. Nothing…
Ultimate Guide to Tax-Free Savings Account for Child in Canada
This article is brought to you by Insurance for Children, Canada’s leader in financial planning for children and the creator of Child Plan ™ the fastest growing alternative to the RESP. If you are focused on giving your children the best possible financial future, then you are probably interested in discovering the best savings vehicles…
How Much is Child Benefit in Canada?
This article is brought to you by Insurance for Children, Canada’s leader in financial planning for children and the creator of Child Plan ™ the fastest growing alternative to the RESP. As a parent, especially a single parent, you know how expenses can add up. There always seems to be some new expense for your…
Tax Risks of Opening an RESP
This article is brought to you by Insurance for Children, Canada’s leader in financial planning for children and the creator of Child Plan ™ the fastest growing alternative to the RESP. Planning for our children’s future in an increasingly complex world is not easy. What will their life be like when they become an adult? …
Kids Bank Account: How to Open One and What Options Are Available?
This article is brought to you by insurance for children, Canada’s leader in financial planning for children and creator of Child Plan ™ the fastest growing alternative to the RESP. Child Plan, One Plan For Life. Bank Account For Kids Do you remember your first bank account? When your parents were children they had a…
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