Registered Education Saving Plans(RESP)

Your children are your everything; they’re your biggest priority. We want to help you build the best future for them.

To that end, a Registered Education Savings Plan (RESP) will grow your contributions, tax-deferred, until the child attends university, college, or a vocational institute. When the time comes, the money will be there for the ones you love.

What you need to know:

• The Federal Government of Canada offers:
  1. 1. A Canada Education Savings Grant that will top up your contributions by 20%, up to $500 per year, and $7,200 in a lifetime.
  2. 2. A Canada Learning Bond up to $2000 that assists low-income families.
• RESPs are available as individual or family plans.
• You can choose certain plain which offers education bonus up to 15%
• Withdrawals are taxed from the student, who will generally be in a lower tax bracket.
• You decide when and how much money is withdrawn, and what the funds will be used for: tuition, books, or living expenses.

Call Simranjeet Jaswal today and build the most financially secure future for the youth in your life. He is the best person to contact for securing the life of your children with best investment plan. JASWAL by giving importance to your priority finds the best plan which suits your need and requirement. Having a Registered Education Savings Plan saving account is a great option to reduce your tax expenses. Hiring this specialist is an excellent idea to get a deep understanding of the qualification criteria of holding a RESP account.

Simranjeet can give you sensitive advice on Registered Education Savings Plan. Besides, he can be your ultimate choice for making a huge contribution to your children’s life with efficient investment plan. Join him now!