10 Questions to ask yourself about your child's future post-secondary education

1. Do you want your child to benefit from a post-secondary education (i.e., community college, college or university)?
2. Are you prepared to save for their post-secondary education (in 18 years it could cost $100,000 for each child)?
3. Do you know of any way to save for their education that gets a significant financial boost from government?
4. Is it important that I get a Social Insurance Number (SIN) for my child as soon as possible for the purpose of starting an education savings plan?
5. Is there any advantage to begin saving for post-secondary education as early as possible in your child's lives?
6. How can you be sure your children will want to pursue post-secondary education and that we won't lose our investment?
7. What if one of them decides not to pursue post-secondary education?
8. Do children with a Registered Education Savings Plan (RESP) do better in university and college than those without one?
9. Do we lose our RESP savings if, sometime in the future, one of us is between jobs and we can't keep up payments for a period of time?
10. Are there any tax benefits to enrolling our children in a RESP?

If you answered YES to any of these questions then you should start an education savings plan today if you already haven't. If you answered NO to some of them please call the number below to get the answers you need. Heritage Education Funds is one of the leading providers of RESPs in Canada, with 40 years of experience Heritage provides some of the highest performing, safest and most flexible Registered Education Savings Plans in Canada. For more information visit www.heritageresp.com or call 1.800.739.2101 today!