As the holiday season begins, many grandparents are hoping to come up with the perfect gift for their grandchild. When a child is young and unable to appreciate and care for precious gifts, it can be difficult to give them a meaningful gift that will impact their life like jewelry or a family heirloom. This is why many grandparents turn to an education savings plan as a meaningful and impactful holiday gift for their grandchildren. With an education savings plan, you can give your grandchild the gift of future financial stability and security: a gift that will enhance their life forever.
A Meaningful Gift That Grows With Them
A nest egg is a wonderful gift that many parents and grandparents wish to give to their grandchildren for the holidays, but how do you start? Hudson’s Bay Financial Services has partnered with Child Plan to help families begin the saving process for their children as early as just two weeks after the child’s birth. Child Plan offers a flexible, tax-free savings plan that ensures the child will receive annual dividends for each year of their life.
The Gift Of Financial Security
The best part about this education savings plan is the offered flexibility that is unique to Child Plan. The money that is saved for your grandchild is completely theirs without stipulation as to where they’re meant to spend it. Child Plan is flexible in helping your grandchild accomplish whatever they seek in life, whether that’s going to post-secondary school, buying a home, or starting their own business. The best part about gifting an education savings plan for your grandchild is the potential for their future. By investing in an education savings plan now, you could be paying for your grandchild to go to university, or giving them the gift of their first home!
If you want to give your grandchild the gift of a secure financial future this holiday season request your personalized illustration.
As Canada’s leader in financial planning for children, Child Plan™ is committed to helping parents and grandparents plan for their children’s futures. Children are the future, build a future for them you can be proud of.