RESP Investment Account Canada
RESP Investment - Allow Your Child To Dream Big
RESP, or Registered Education Savings Plan, is a long-term saving plan in Canada. If you are an adult or parent or grandparent, you can open RESP for yourself, your children or your grandchildren, respectively. Once your child completes high school, they can avail the benefits of RESP for their further education. This saving plan allows you to save for your child’s education and help them with their higher studies.
RESP provides many benefits, such as coverage of educational expenses, including transportation, books, tuition fees, rent, and tools. These benefits vary depending on your Canadian Province. For instance, provinces such as Quebec and British Columbia offer additional benefits. Want to know what more RESP investment plan entails? Contact Insure Horizons and get guidance from our expert professionals.
Insure Horizon’s RESP Investment Plan - Investment That Grows With You
RESP is a popular long-term saving plan in Canada that allows people to save money for their children’s education once they complete their high school. It is also supported by the Canadian Government. The government contributes a small amount for children below 18 years of age. The earnings that are invested in RESP are tax-free. You only need to pay tax when you withdraw the full amount. RESP Investment is very beneficial for your children, as RESP covers various costs incurred on education, which include tuition fees, housing, transportation, etc.
Contact Us, Insure Horizons, to know more about RESP and learn how you can benefit from this investment.
- Back your children’s education financially.
- Open RESP for yourself, your children or grandchildren.
- Get the best coverage for your child’s educational expenses.
- RESP allows you to hold a variety of investment assets.
- Investment gains are deferred from tax as long as your savings plan is active.
- Covers transportation, tools, housing, books and tuition expenses.
