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.
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- Compounding investment gains and investment income tax-free until the funds are withdrawn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 receive additional information for how an RESP can fit into your overall financial plan, please contact us.