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Back to school, back to saving!

It’s that time of year again. The leaves are changing colour, the evenings are getting cooler and the kids have gone back to school. What better time than now to open a free Registered Education Savings Plan (RESP) at your local bank.
No money? No problem! All banks and credit unions in Calgary offer free RESP accounts with no monthly payments required. In addition, parents can apply for the Canada Learning Bond and get up to $2000 per child. If parents save any of their own money in the RESP, the Government of Canada will match their contribution 20-40%. In total there is $9200 available in grants and bond money for children’s education savings accounts. Get your piece of the pie today!
To get started, talk to your bank or check out SmartSAVER’s online application. Need help? Call 403 204 2674 or email startsmart@momentum.org  for more information about RESPs.

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