Funding a child’s education is one of the biggest financial goals for Canadian families. And the Registered Education Savings Plan (RESP) is best tool to get there.
In this episode, Paul and William break down everything you need to know about RESPs. This episode will help you avoid costly RESP mistakes and take full advantage of this powerful, tax-efficient account.
What You’ll Learn:
✔️ The amazing tax benefits of RESPs
✔️ How to earn $7,200 in free government grants
✔️ Why group or scholarship RESPs are a bad idea
✔️ Smart RESP contribution strategies
✔️ What to do if your child doesn’t go to college or university
✔️ The best way to draw down the RESP and minimize taxes
✔️ Family vs. individual RESPs
Resources:
📥Free Download: How to Build Your Dream Retirement & Avoid 7 Common Mistakes That Can Derail It: https://www.westendwealth.com/build-your-retirement
Connect with Paul & William:
Book a free call: https://calendly.com/westendwealth/introcall
Facebook: West End Wealth Planning
The views and opinions expressed in this podcast may not necessarily reflect those of IPC Securities Corporation. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
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