Category: RESP

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Are you a parent and looking to save for your child’s post secondary education, RESP is the answer…………

REGISTERED EDUCATION SAVINGS PLAN  (RESP)  Registered education savings plans are a tax-advantaged incentive program to encourage individuals to accumulate savings to provide for the post-secondary education of named “beneficiaries”, typically children or grandchildren. There are two types of plans sponored group plans, offered by RESP promoters, and plans offered by financial institutions, mutual fund companies, brokers […]