Save for your children's post-secondary education, tax-free.
Is this savings plan for you?
Main feature:Tax-sheltered investment income
Maximum contribution:$50,000 per beneficiary for the duration of the plan
Annual contributions:$2,500 per beneficiary, for a Canada Education Savings Grant (CESG) of 20%
Total or partial withdrawal for education:Without penalty if withdrawn for education purposes
|Annual basic CESG limit||
|Lifetime contribution limit||
|Lifetime basic and additional CESG limit||
|Contribution time limit||
** If beneficiary is receiving a Disability Tax Credit, the plan may remain open until the end of his or her 40th year.
*** Certain conditions apply.