subject: How Parents can Save for Their Children's Education [print this page] Taking advantage of programs such as the Registered Education Savings Plan (RESPs) and the Canada Education Savings Grant early on can also have a significant impact in your end result. RESPs allow for (eventual) tax-free withdrawal. The money put into a Canada Educations Savings account by modest-income families is matched by the government and allows them to begin saving for a Canada Learning Bond. If you live in Alberta, additional programs such as the Alberta Centennial Educations Savings Plan is worth looking into.
How Parents can Save for Their Children's Education
