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RESPs

RESPs

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Invest In Your Child's Future

A great way to save!

An RESP is a tax-deferred investment vehicle that allows a subscriber  to save for a child's post-secondary education.

A generous grant!

Federal Government pays 20% of the contributed amount each year to a maximum of $500 for each eligible child registered under this program to a lifetime maximum of $7,200 per child.

Tax sheltered!

Any money earned in the RESP accumulates tax-free until it is withdrawn.

It's affordable

!Small and subsequent contributions with a pre-authorized debit can be made monthly. No minimum initial investment! No administration fees!

A great way to save!

An RESP is a tax-deferred investment vehicle that allows a subscriber  to save for a child's post-secondary education.

A generous grant!

Federal Government pays 20% of the contributed amount each year to a maximum of $500 for each eligible child registered under this program to a lifetime maximum of $7,200 per child.

Tax sheltered!

Any money earned in the RESP accumulates tax-free until it is withdrawn.

It's affordable!

Small and subsequent contributions with a pre-authorized debit can be made monthly. No minimum initial investment! No administration fees!

Open an RESP Today

Talk to your Financial Service Officer or a Credential® Investment Professional at your branch about opening an RESP.

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HAVE YOU COMPLETED YOUR CHECKUP?

FINANCIAL CHECKUP

MAXIMIZE YOUR MONEY AS A REWARDS MEMBER

REWARDS PROGRAM

TRY OUR RESP CALCULATOR

Calculate the savings you can accumulate for your childs education.

* Mutual funds are offered through Credential Asset Management Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, cash balances and mutual funds are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that issues deposits in Credit Unions. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. ®Credential is a registered mark owned by Aviso Wealth Inc. and is used under licence.