What is an RESP and how does it work?
- An RESP is a tax sheltered savings plan that is designed to give chidren the funds necessary to attend post-secondary education. It recieves free Government education funds and contribution based grants.
Your Child Can Use The RESP For All Types Of
Post-Secondary, Such As...
University, College, Trade-Schools, Apprenticeship Programs, and Technical Schools
RESPs Cover More Than Just Tuition.
Once your child has enrolled in their post-secondary coarse of choice, and you have asked for the funds in your RESP, if the funds exceed the coarse cost, you can use the excess funds for expeses such as a car, tools, laptop, and anything you feel will give your child a higher chance at success.
But What If Your Child Does Not Go To Post-Secondary?
Remember
An RESP can remain usable or up-to 35 years from when it was started.
A child is 3X more likely to pursue post-secondary because they have funds to use.
There is a 97% chance they WILL use their RESP.
Canadian Child Benefits
Most families will utilize CCB funds to build their child's RESP savings.
RESPs Offer More To Your Child
The Flex First Plan Made For Today's Children
The Flex First RESP was designed by parents based on what they want an RESP to be.
Online Access To Your RESP
A clean and easy to read Statement Of Account
