RICHMOND, VANCOUVER BC– May 28, 2015 – Award-winning and inspiring business leader and financial services expert, PerminderChohan has posted a new blog on the Desjardins Financial Security Independent Network website entitled, “It’s Never Too Early to Save For Your Child’s Post-Secondary Education.” New parents and grandparents alike will benefit from reading Mr. Chohan’s latest blog.

Chohan writes, “The birth of your child or grandchild is the best time to begin a registered education savings plan (RESP). Whether the child ultimately decides to pursue higher education or not, at least the funds will be available.”

Pointing out the advantages of an RESP versus alternative methods, Chohan says, “A registered education savings plan is a wiser option than just putting money aside for education. Why? Because the government contributes to the savings plan.” He adds, “In fact, federal grants can total as much as $7200 for the entire length of the plan, depending on the amount invested. The amount is even higher in Quebec, with an additional $3600 being contributed.”

Another benefit of the RESP according to Chohan, “Beside the government contribution, the funds in a registered education savings plan are tax sheltered, just like an RRSP.”

Chohan states, “Getting a post-secondary education can be an enriching experience. And it can be even more enriching when the funds are readily available in a registered education savings plan.”

The entire blog can be found at http://www.dfsinrichmondsouth.ca/its-never-too-early-to-save-for-your-childs-university-education/

About Perminder Chohan

Mr. Chohan started his career in the financial services industry when he joined a Registered Education Savings Plan company in 1998. In six short months, he became their number one agent nationally. In 2003, Mr. Chohan expanded his career spectrum and started in the life insurance industry. Since then he has been instructional to over 200 agents in their career training and development. In 2009, Mr. Chohan joined Desjardins Financial Security Independent Network as a managing director. His office has since proliferated with great business success.

Under Mr. Chohan’s leadership, the financial centre received multiple top awards from the network in categories such as recruiting, business growth and total sales for a centre with less than 50 associates. As of beginning of the fall this year, Mr. Cohan’s team once again leads in sales, recruiting and growth.

About Desjardin Financial Services

Desjardins Financial Security Independent Network with its Quebec counterpart, SFL Partner of Desjardins Financial Security, is a national financial products and services distribution network. All together, the network has over 40 financial centres and more than 1500 independent representatives across Canada.

At Desjardins Financial Security Independent Network, every associate is an independent representative in partnership with the network. This means that our financial services advisors are not limited to a single line of products, and we’re not tied to a specific investment management company or insurance provider. We look at our clients’ individual needs and guide them in choosing the services and products that are right for them.