RESP

RESP
  • Government approved plan for providing post-secondary education funding.
  • Income earned within the plan is not taxed until withdrawn.
  • Additional education funding provided by Canadian Education Savings Grant.
  • Single or family Plan offered.
  • Variable and fixed rate options are offered at competitive rates.
  • Most secondary institutions and programs including correspondence courses qualify for receiving RESP Educational Assistance Payments.
  • The credit union acts as an agent for Concentra Financial.