30% in grants and up to $12,800 per child!1
Employers, you can stand out from the crowd by adding the Registered Education Savings Plan (RESP) to your benefits package. It’s simple, free and beneficial for everyone!
Kaleido’s corporate RESP allows employers to stand out through their avant-garde and human approach. It’s an effective retention strategy that meets the needs of families, especially since the RESP is a benefit rarely offered in the employment market.
Academic achievement and the cost of education are among parents’ top concerns.2
As an employer, you take on a minimum of administrative tasks, as Kaleido manages the RESP and works with you to ensure success.
Designed specifically to save for a child’s education, the Registered Education Savings Plan is a very attractive investment vehicle. In addition to growing tax-free, it is enhanced by generous government grants! It is an attractive financial product not only for parents but also for grandparents or anyone who cares about the future of a loved one.
Curious about RESPs and the benefits they offer? Find out how they work.
1. Canada Education Savings Grant (CESG) of 20% to 40% and Quebec education savings incentive (QESI) of 10% to 20%. Based on adjusted net family income. The annual limit is $600 for the CESG and $300 for the QESI. The lifetime limit per beneficiary is $7,200 for the CESG and $3,600 for the QESI. Canada Learning Bond (CLB) of up to $2,000 per beneficiary, for children born to financially eligible families after December 31, 2003. Some conditions apply. See our prospectus at kaleido.ca.
2. Source: 2017 Radio-Canada survey.
3. Certain conditions and restrictions apply. The promotions, benefits and other advantages of the accompanying services are subject to change without prior notice and may not be available in certain areas.
4. The results shown are for illustration only and are not a guarantee of the selected IDEO+ plan’s future performance.