What is the most effective present to offer your kids in preparation for their future? Opting for a Registered Education Savings Plan (RESP) to aid your child in funding their future education is the most valuable approach to set them on a path towards success.  What is an RESP?  In Canada, there’s a government initiative...

An RESP is an investment account designed to help you save for a child’s education. Here’s everything else you need to know about them. What is a Registered Education Savings Plan? The Registered Education Savings Plan (RESP) is pretty straightforward. These are regulated savings accounts that are used for post-secondary education for children. The main...