Funding my children’s education
Minimize taxes and maximize benefits with the MD RESP and MD Family Trust.
Tuition fees are rising. An MD Advisor can help you integrate an MD RESP or MD Family Trust within your overall wealth management plan so your children get the education they deserve.
Opening an MD RESP is an excellent way to ensure that the educational needs of your child or grandchild can be paid for without impacting your future lifestyle. An RESP is a special savings plan offering generous government grants and tax-deferred growth to help maximize education savings.
MD Family Trust
MD Family Trust can be used to fund just about anything your child or grandchild needs. You can pay for private school or university tuition, help a young adult purchase their first home or establish their own investment portfolio. Learn more.
- federal RESP grants including the Canada Education Savings Grant (CESG), the Additional CESG and the Canada Learning Bond
- provincial grants from the Quebec Education Savings Incentive and the Saskatchewan Advantage Grant for Education Savings