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Registered Education Savings Plan

Registered Education Savings Plan

An RESP is a Canadian investment account designed to help you save for a child's education.

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RESPs are tax-advantaged accounts designed to help Canadians save for higher education. RESP funds can be invested in various ways and if they are spent on higher-education related tuition or expenses, no investment gains in the account will be subject to income taxes.

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RESP Guide: What it is & How it Works

https://www.wealthsimple.com/en-ca/learn/what-is-resp

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