Registered Education Savings Plan (RESPs)
Smart savings for a bright future
Registered Education Savings Plans (RESPs) are tax-sheltered savings plans registered by the Canadian government. They are a great way to invest in a child’s post-secondary education.
The cost of education seems to always be going up and opening an RESP is a good way to set aside money for the future even if you don’t have the extra cash to invest. Money from birthdays and holidays quickly add up.
Take the first step toward helping your child or grandchild plan for their future by opening an RESP at FirstOntario. We’re happy to give you all of the details.
You can also use our RESP Calculator to gain more insight.