Why does CST have a contribution schedule?
Investing a consistent amount of money on a set contribution schedule is one of the best ways to build your savings for the long-term. Following a schedule also helps to ensure that contributing to your RESP remains a priority.
We also understand that life happens which is why we offer flexibility in the contribution schedule of our plans:
- CST Advantage Plan has 9 different contribution schedules (including monthly, annual and one-time schedules); in addition, you may be eligible to skip up to 6 contributions so that you can maintain your savings goals
- Individual Savings Plan and Family Savings Plan are the most flexible, as they don't require contributions on a fixed schedule