Education Savings in the Maritimes

Education savings is one of the few financial goals with a fixed timeline — but knowing how much to contribute, when to adjust, and how to access those funds isn’t always straightforward.

At AA Munro, we help you build a plan that fits your current budget while keeping your long-term goals in focus. We'll guide you through contribution strategies, grant optimization, and long-term investment growth so you’re saving strategically.

Registered Education Savings Plan

As education costs rise, it's important to make sure you're taking full advantage of the government programs that can help pay for your child’s post-secondary education. Effective use of Registered Education Savings Plans (RESP) can provide an additional 20% grant on top of your hard-earned savings, making your child’s dreams of a higher education within reach.

Currently, the government will match $500 for every $2,500 you contribute to a RESP, per year. You never lose the room that has accumulated, so as long as your child is under 16 it is not too late to start.

Not sure if post-secondary education is in your child’s future? An RESP still gives you options. You can transfer the savings to a sibling and keep the government grants (as long as there’s room), or withdraw the funds — giving back the grants, but keeping what you contributed along with any growth.

A Plan That Grows With Your Family

Starting early allows your savings to benefit from long-term growth, but more importantly, it gives you flexibility. Even small, consistent contributions can build into meaningful support over time.

Whether your goal is to fully fund post-secondary education or simply provide a strong starting point, your plan should reflect your priorities and evolve as your child grows. We help you adjust your strategy over time, so it continues to help you at every stage.