Get a $50 kick start offer on all-new Registered Education Savings Plans
TORONTO, Nov. 17, 2014 /CNW/ - In recognition of both Financial Literacy Month and National Child Day, November 16th – 22nd marks the inaugural Education Savings Week in Canada. To celebrate, giraffe & friends is offering a $50 Registered Education Savings Plan (RESP) kick start to all parents opening a 100% guaranteed and no-fee RESP with giraffe & friends.
"Over 50 per cent of Canadian families still do not have an RESP" says Andrew Haid, President and CEO of giraffe & friends. "We hope that Education Savings Week can help educate parents on the benefits of starting an RESP early as we strive to make opening one easier"
An RESP, established with a provider such as giraffe & friends, allows your savings to grow tax-deferred. By combining your RESP contributions with government grants, you have the potential to add over 20% to your contributions which will get your investments growing much faster than in a regular savings account. That's right, there is free money available to you from the government, but you need an RESP to access it.
RESPs can be used for a variety of post-secondary education paths that result in a degree, diploma or occupational skill—be it a college, trade school, arts school or other approved institution of higher learning. RESPs are not limited to a university education alone.
A giraffe & friends RESP is the first of its kind: an education savings plan that offers 100% guaranteed growth with no fees. This means that you won't need to watch the market and your investment will keep growing. giraffe & friends also works hard to help you get all government grants available to you. Plus, parents can set up plans online, on their schedule, from the comfort of their own home. No appointments, no pressure.
For more information, or to sign up for a giraffe & friends RESP and take advantage of the Education Savings Week $50 kick start, please visit giraffeandfriends.com.
About giraffe & friends
giraffe & friends is a 100% Canadian owned and operated federally licensed and regulated insurance company. They're the innovative minds behind Canada's first no-fee, worry-free, 100 per cent guaranteed Registered Education Savings Plan.
giraffe & friends also offers whole-life children's insurance that grows with your child. Go to www.giraffeandfriends.com/insurance-children.
giraffe & friends is proud to be family owned and operated.
SOURCE: giraffe & friends
For further information: Ray McIlroy, Kaiser Lachance Communications, 647-680-8316, [email protected]