Adult Financial Literacy Guide | Page 22

After Your Child Arrives Financial checklist  Apply for a birth certificate and register your child’s birth with Vital Statistics. Your child will need a birth certificate to apply for a Social Insurance Number and other personal documents. If you used the provincial Birth Registration Services, this step and the next three steps have already been done for you. See page 8-9 for more information on this service.  Apply for a Social Insurance Number (SIN) for your child. Your child will need a SIN to be eligible for certain government benefits and programs.  Apply for the Medical Services Plan for your child. See page 24 for more information on MSP.  Apply for federal and provincial child and family benefits. There are programs that will send you money every month. See page 25-28 for more information.  If you have an employer health insurance plan, review it. Add your child as a dependant to your health insurance plan.  If you are able to, open a Registered Education Savings Plan (RESP) and start saving for your child’s post-secondary education. The government will add to your savings when you put money into an RESP. See pages 15-20 for more info on education savings plans and grants. Photo credit CodyR via VisualHunt CC BY 22