Genny Steel - Sales Representative - Knowledge First Financial

the Knowledge First Foundation and is the investment fund manager, administrator and distributor of the education savings plans offered by Knowledge First Foundation. Knowledge First Financial is a registered trademark of Knowledge First Financial Inc. Registered Education Savings Plans (RESPs)
An RESP is a smart and proven way to invest in your child’s future. As RESP specialists, Knowledge First Financial is committed to help Canadian families maximize the benefits including:
• Compound growth: By contribute early, regularly, and within your budget, your savings will benefit from the “snowball effect” of compound growth.
• Tax deferred income on investment of up to $50,000 per child
• Government Education Grants: The Canada Education Savings Grant (CESG) can add up to $7,200 to boost your savings further. Depending on where you live, you may also take advantage of additional grant money through provincial education savings programs.
• The Canada Learning Bond (CLB) provides a $500 initial grant and $100 per year until age 15, for a total of $2,000 per lifetime per child. Eligibility is based on net family income and number of children. No RESP contributions are required to receive the CLB.