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The Many Benefits of RESPs

Posted on: May 10, 2021

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As busy parents, just meeting your family's needs each day can eclipse thoughts of the future. Add to that juggling act the cost of running a home, daycare, mortgage and car payments, and it's easy to see how setting funds aside for a child's future education can become something you'll "do later" when you have the time and money.

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Registered Education Savings Plan (RESP)

What is an RESP?

RESPs are registered education savings plans ¹ that grow tax-deferred until beneficiary withdraws funds for post-secondary education. Students usually pay little or no tax on those funds when withdrawn as RESP contributions are nontaxable and students are at lower income tax rate.

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Teddy Bears of Hope Foundation

June 17, 2013

Dear Mr. Fitzsimons,

Thank you so much for the very generous donation to the "Teddy Bears of Hope Foundation".

I am very excited and looking forward to all the experiences I will share as I fufill my role as Miss Teen Ontario Canada 2014 and ambassador for the "Teddy Bears of Hope Foundation". The kindness and support of wonderful folks like you is very much appreciated, thank you again.

Warmly,

Hope S.
Miss Teen Ontario
Canada International

Hope Schneider