Guide to RESPs and education savings

Over the last 30 years, post-secondary education has become more important and more expensive. There are several different ways to save for post-secondary education. Registered Education Savings Plans (RESPs) are the most popular, and for good reason. They have a generous contribution limit, allow your savings to grow tax-free within the plan and can qualify you for government grants.

To help you understand how best to save for post-secondary, this guide covers:

• Determining a savings goal
• Learn about RESPs
• Reviewing available grants
• Exploring additional savings vehicles