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If your child is planning to start post-secondary studies this year, congratulations! It’s an exciting life transition and also a critical time to educate yourself about strategies for Registered Education Savings Plan (RESP) withdrawals. Smart planning means your student may be able to pay for their education from the RESP with minimal tax owing.

An RESP is an extremely valuable way to save for your kids’ education, but it’s important to know how to make withdrawals in the most tax-efficient way.

RESPs offer a great way to save for a child’s education, with government grants and tax-free growth. Here’s how they work and how to make the most of them.

Less than half of Canadian families invest in RESPs, yet they are an excellent way to save for your child’s education. Here are nine good reasons why.

HALIFAX — When Jacob Ritchie and his wife Krista first had kids, setting money aside for their children’s post-secondary education seemed like a luxury they couldn’t afford.

Explore tactics for maximizing your child’s RESP and minimizing the income tax paid, along with the importance of budgeting for students.

Registered Education Savings Plans (RESPs) grow tax free and with government grants. Our RESP portfolios can help grow these savings even faster.

At IG, we strive to help Canadians feel financially empowered by providing community resources through the IG Empower Your Tomorrow program – and we love seeing success stories.

It’s tax return time, and for many Canadians that presents an opportunity to claim an income tax refund.

Highlights from the 2023 Canadian federal budget, including proposed changes to RESPs, RDSPs, the alternative minimum tax and anti-avoidance rules.