Registered Education Savings Plan

Book an appointment to open your RESP and start saving for your children's education.

Do you want a consultation?

Get a Quote

An RESP, is a tax-deferred savings plan that helps Canadian families save for their children's post-secondary education.

 

shutterstock_709519345 (1)

 

Contributions made to an RESP are not tax-deductible, but the investment growth within the plan is tax-deferred until the funds are withdrawn.

 

The money in an RESP can be invested in a range of investment options

Including stocks, bonds, mutual funds, ETFs, and GICs.

The government also provides an incentive for families to save for their children's education through the Canada Education Savings Grant (CESG).

The CESG provides an additional 20% on the first $2,500 in annual contributions, up to a maximum of $500 per year.

Icono5_WLI

When the beneficiary (the child for whom the RESP was established) is ready to attend post-secondary education, the funds can be withdrawn tax-free to pay for tuition, books, and other eligible expenses.

Book an appointment to open your RESP

and start saving for your children's education

Partners

mortgages lab scotiabank envision-300x167 TD_Bank_N.A.-Logo.wine_-300x200 Screenshot-2021-05-11-145408reeeeee Westminster-logo-300x232 Screenshot-2021-05-11-145654ggggg

THE VALUE OF EXPERIENCE

Our mission is to help you build your legacy with expert advice and financial products that will give you the tools to achieve your goals.

© 2024 Copyright | By Creditaria Financial Group | Rights Reserved.