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Family Education Savings Plan Application 500 1111 West Georgia Street Vancouver, BC V6E 4T6 Tel: 1 877 384 4225 Fax: 604 683 2538 www.northwestfunds.com www.ethicalfunds.com The Ethical Funds Company
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A family education savings plan is a financial savings vehicle designed to help families save for future education expenses.
Any individual or family who wishes to save for education expenses can choose to establish and contribute to a family education savings plan.
To fill out a family education savings plan, you would typically need to open an account with a financial institution or investment firm that offers these plans. Then, you would need to provide personal and beneficiary information, select investment options, and contribute funds regularly.
The purpose of a family education savings plan is to provide individuals and families with a dedicated savings vehicle to accumulate funds specifically for education expenses such as tuition, books, and other costs associated with education.
The specific information that must be reported on a family education savings plan may vary by jurisdiction, but typically it includes personal details of the account holder and beneficiary, contributions made, investment earnings, and details of any withdrawals.
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