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TD Waterhouse offers the Québec Education Savings Incentive (QESI) to eligible RESP accounts
MONTREAL, Nov. 8 /CNW/ - TD Waterhouse Canada Inc. today announced the Québec Education Savings Incentive (QESI) is now available to clients who hold eligible TD Waterhouse Registered Education Savings Plan (RESP) accounts.
The QESI was introduced by the Québec government in 2007 to help families save for their children's and grandchildren's post-secondary education. The incentive is a refundable tax credit that will be paid directly into eligible TD Waterhouse RESPs on an annual basis. In addition, TD Waterhouse will automatically apply for the incentive for existing clients with qualified RESP accounts, for eligible contributions made in each year since 2007.
About TD Bank Financial Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group (TDBFG or the Bank). TDBFG is the sixth largest bank in North America by branches and serves more than 18 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Insurance; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking, including TD Bank, America's Most Convenient Bank; and Wholesale Banking, including TD Securities. TDBFG also ranks among the world's leading online financial services firms, with more than 6 million online customers. TDBFG had $603 billion in assets on July 31, 2010. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.
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