registered education savings plans

Share This Post

Share on facebook
Share on linkedin
Share on twitter
Share on email

A Registered Education Savings Plan (RESP) is a tax-deferred investment account that allows families to save for their children’s post-secondary education.​

The account grows tax-free until the child withdraws the money to pay for various expenses associated with attending any qualified post-secondary program.​

RESPs can be opened as soon as the child is born and the best part is the government offers a series of grants to match contributions up to a certain annual limit.​

Watch this video to learn more.​

Subscribe To Our Newsletter

More To Explore

General

We’re Hiring: Financial Services Associate

Download the PDF Established in 1995, Perfect Timing Family Wealth is an independent boutique Wealth Management firm located in the Financial District of Toronto. Being

Newsletters

Newsletter Q4 2020

Download the PDF 2020: The year that was  This past year will long be remembered for the dramatic global impact of the COVID-19 pandemic, and the equally

Perfect Timing family wealth logo

Perfect Timing Financial Corporation

 © 2021. All rights reserved | Privacy | Disclaimer

Mutual Funds Provided Through

FundEX Investments Inc.