RESP -Registered Education Saving Plan
Education is the best gift you can give to your children to secure their future. Higher-level education at a University or college has become a necessity in today’s competitive world but it can also be costly (It can go up as high as $25000 annually in coming years).
RESP allows you to save for your child’s education after high school. The Canadian government allows funds invested in RESP accounts to grow tax-free until your kid(s) (beneficiary) is ready for post-secondary education.
Due to the great variety of conditions and facilities in preparing and using any kinds of insurance, it is recommended that you consult with one of our insurance advisors before making any decision. Our expert team at Forever Insure is always ready to provide the right consultation to you and thus help you make the right choice.
For more information, please contact one of our advisors at Forever Insure for a free consultation.