RESP (Registered Education Savings Plan)

Save for Your Child’s Education With Government Grants

Save for Your Child’s Education With Government Grants
A Registered Education Savings Plan helps Canadian families save for a child’s post-secondary education while unlocking free government money. SMG Solutions helps you open an RESP account and claim the Canada Education Savings Grant, which adds 20 percent to your annual contributions up to a lifetime maximum of $7,200 per child. Your investments also grow tax-sheltered until your child is ready for school.

What Your RESP Includes
• Canada Education Savings Grant worth up to $7,200 per child
• Additional Canada Learning Bond for eligible lower-income families
• Tax-sheltered growth on your RESP contributions until withdrawal
• Individual, family, and group RESP plan options
• Funds usable for university, college, and trade school programs

Choose the Right RESP Provider and Plan Type
Our advisors help you compare the best RESP providers in Canada and decide between an individual RESP or a family RESP plan for multiple children. We explain the RESP contribution limit, walk you through Educational Assistance Payment rules, and make sure you never leave government grant money unclaimed for your child’s education savings plan, year after year.

Give Their Education a Head Start
The earlier you open an RESP, the more grant money and compound growth your child receives. Contact SMG Solutions today for a free RESP consultation and start saving for their future the smart way.