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Registered Education Savings Plan

Registered Education Savings Plan

An RESP is a Canadian investment account designed to help you save for a child's education.

All edits by  Derek Coleman 

Edits on 4 Feb, 2020
Derek Coleman
Derek Coleman edited on 4 Feb, 2020
Edits made to:
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Description (+83 characters)
Article (+271 characters)
Further reading (+1 rows) (+3 cells) (+93 characters)
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Registered Education Savings Plan

An RESP is an investment account designed to help you save for a child's education.

Article

RESPs are tax-advantaged accounts designed to help Canadians save for higher education. RESP funds can be invested in countless ways and if they are spent on higher-education related tuition or expenses, no investment gains in the account will be subject to income taxes.

Further reading

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RESP Guide: What it is & How it Works

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