Post-secondary costs keep rising; an RESP helps you stay ahead with government support. Families in Burlington, Hamilton, Niagara, and St. Catharines trust Financialsynergist to structure RESPs that maximize grants and suit their timelines.
Why RESPs
- Canada Education Savings Grant (CESG): 20% on contributions (annual and lifetime caps).
- Tax-deferred growth inside the plan.
- Flexible beneficiaries and transfer rules (within guidelines).
Our service
- 1.Plan setup: Choose individual or family plans; confirm grant eligibility.
- 2.Investment mix: Age-based or custom portfolios that adjust risk as kids grow.
- 3.Maximize grants: Scheduling contributions to capture full CESG and carry-forward room.
- 4.Withdrawal planning: Education Assistance Payments (EAPs) vs. capital return, tax considerations.
Why Financialsynergist
- Clear guidance on grants, bonds, and contribution strategies.
- Transparent fees and diversified investment options.
Result: A disciplined education fund that grows alongside your child.