Virtual Education Savings Meeting
Registered Education Savings Plans (RESPs) offer an effective way to maximize the money available to your children or grandchildren when they enroll in a full-time post-secondary program. Withdrawals are taxed in the hands of the student, typically at a lower rate. And anyone, parents, grandparents, other family members and friends, can open an RESP for a child.
- How much will a college education cost when your child turns 18?
- When should you start making your investments safer?
- Is there a penalty for over-contributing to an RESP?
- How much should you contribute each year?
- How much can you contribute to a RESP?
- What if your child gets a scholarship?
- What government grants are offered?
- What investments should you own?