• Schedule A Call
    647-274-9670

  • 55 Crockford Blvd,
    Scarborough, ON M1R 3B7

  • Our Working Hours
    Mon - Sat: 8 am - 6 pm

RESP

Investing With POLICYDIRECT

Our licensed financial services representatives are here to assist you in creating a complete investment portfolio to meet your investment goals.

Portfolio With POLICYDIRECT

We utilize the traditional investment tools along with the latest investment planning techniques to create investments that work for you.

Investing Made Easy

We offer the advice, solutions and resources you need to reach your goals. And we do it in a way that always puts you first.

Registered Education Savings Plan (RESP)

save for your child’s education

RESPs can be a great way to save for your child’s education

An RESP is a tax-sheltered plan that helps you save for a child’s post-secondary education faster. Money invested in an RESP can grow tax-deferred, and the best part? The government can contribute up to $7,200 directly to your child’s RESP.

How to Grow Your RESP Savings Faster

Automate Your Savings

With a regular, pre-authorized contribution plan you save without even thinking about it!

  • Start with as little as $25 per week
  • Contribute weekly, bi-weekly, monthly—you choose
  • Set it and forget it—contributions are automatically debited from your bank account (change, pause or stop at any time)

Invest Regularly

See how contributing $25 per week in an RESP adds up quickly when supplemented by the federal and provincial incentives.

Investing Per Week
0+

Policies

0+

Trusted Customers

0+

Companies

0%

Client Satisfaction

We can help you start investing today.

Benefits of an RESP

Tax Sheltered Growth

Earnings within an RESP are not taxed. When the funds are taken out for education, withdrawals are taxed in the student’s hands, often resulting in little or no tax.

Get Government Contributions

Grow your savings faster with the Canada Education Savings Grant (CESG)1, Canada Learning Bond (CLB)2, and other government incentives.

Built-In Flexibility

If the child doesn’t pursue post-secondary education, you may be able to choose a new beneficiary. Or, if he or she wants to travel first, you have 35 years to use the funds.

Build The Portfolio You Want, No Matter What Kind Of Investor You Are

HOW RESPs WORK

Give a child you love a head start on higher education

Whether they’re still in diapers or in those awkward tween years, our kids deserve the best we can give them – including help with their post-secondary education. A Sun Life advisor can show you how an RESP can help you save for university, college or an apprenticeship – and how you can add to your savings with free money from the government.

Problems That We Can Solve

PROBLEMS
THAT WE CAN SOLVE

Benefits Of Investments From Policydirect

BENEFITS OF
INVESTMENTS FROM POLICYDIRECT

TRY OUR INVESTMENT ADVICE

Get Free Consultation

    What is 8 x 5 ?

    READ THE ARTICLES

    What’s Happening

    Blog

    New Federal Luxury Tax

    A new federal luxury tax is going into effect for motor vehicles with a retail value over $100,000 and personal

    We help you to unlock & unleash the power within.

    whatsapp