Your education savings journey
Saving for a child’s post-secondary education is a long-term journey, one that can be very rewarding if you stay the course. Your RESP has the flexibility to keep pace with your life, even as your circumstances change along the way. You can adjust your goal, your contributions, the plan beneficiary or even the plan itself.
When you started your RESP, you set a savings goal for your child’s education that you wanted to achieve. But over the years, your financial situation can easily change. You might want to increase the original goal to work towards a larger savings amount for your child; or maybe you have another child and need to adjust your goals to save for both children.
You can change both the amount and the timing of your RESP contributions at any time to better suit your needs. A change to bi-weekly contributions could be better for you than monthly. Depending on your financial situation, you might want to increase your contribution amount or scale back for a period of time.
One of the many benefits of our RESPs is that you don’t have to worry about making investment decisions. We manage your investments for you with a low-risk, conservative investment strategy that builds value over time.