Planning for Your Family’s Future

Are you saving for your children’s post-secondary education?

A Registered Education Savings Plan (RESP) is a government approved plan for the purpose of providing post-secondary education for a beneficiary.

Investing in an RESP will give you and your family members more financial freedom when making the choices that will affect their future.

By starting early, it can help grow education funds by making affordable, convenient monthly deposits.

Also, income earned within the plan is not taxed until it is withdrawn.

Maximize your RESP contributions by smart investment options.  For further information, visit our RESP library below, from RP Success.


RESP Library


Subscribers and Beneficiaries – Definitions

Individual and Family Plans – What’s the Difference?

Canada Education Savings Grant (CESG)

Canada Learning Bond (CLB)

Withdrawals for Beneficiary’s Education

Available Options when Beneficiary does not go to school

Deceased Subscriber or Beneficiary


© Copyright Catalyst Credit Union - 2014