The You First Blog

Back to Basics: Registered Education Savings Plan (RESP)

September 6, 2019
 Back To Basics, Client services, Financial Planning, RESP, You First Financial
 Frank Mueller

For many families, September means a return school. It is also a good time to discuss the powerful advantages of the Registered Education Savings Plan (RESP). For most households, the RESP is the top vehicle available for children’s education savings. Here are the key facts: Annual maximum contribution: $2,500 (or $5,000 if you have carry-forward… Read More