Registered Educational Savings Plan

Invest in the future of those you love

Setting up an RESP for a child, grandchild or for any other relationship is an excellent way to ensure that you are supporting that individual’s goals and passions. To learn about RESP’s watch the video below:

The benefits of an RESP are

  • Encouraging learning and higher education for those you love
  • A tax efficient way to pay for a child’s university or college education
  • Government grants of 20% of contributions increasing the size of the account
  • Compounding investment gains and investment income tax-free until the funds are withdrawn

To discuss how an RESP can fit into your overall financial plan, please contact us.

Note: The audio player on this page is powered by a third party iFrame. We do not control the accessibility features of this content. If you have any questions or require assistance with this content, please call us at 1.866.263.0818 or email Accessibility@RichardsonWealth.com.