Explore RESP Plans in Calgary
A RESP Calgary is a savings plan that allows parents to make contributions towards the child's education. This plan is tax-deferred and is a great way for parents to help their children pay for school. Typically, parents open an RESP for their children. However, anyone can open one. A parent can be the beneficiary of the RESP or it can be jointly opened between two people. An account can be opened by anyone. An RESP Calgary is a great way to help children save for their post-secondary education. The federal government gives students money that they can withdraw after a certain age. This money is tax-free and can be transferred to a child of the same age. Further, it can be used for other purposes. A parent can transfer the account to another child or to another family member who will benefit from it. The government is very generous with RESPs. A child can grow their money by setting up an RESP Calgary . A parent can put their contribution into qualified investments and earn