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Lionspoint Financial Services

Financial Clarity for Young Families

Financial Clarity for Young FamiliesFinancial Clarity for Young Families
A serene landscape featuring a sunrise over rolling hills and a calm lake, with soft clouds in a clear sky.

Registered Education Savings Plans (RESPs)

RESP Planning Made Simple for Real Families

 

At Lionspoint Financial Services, we know your child’s education means everything to you. An RESP is one of the easiest ways to give them a strong start. It helps you save at your own pace, grow your money tax‑free, and unlock government grants that put free money toward your child’s future.


This isn’t about complicated investing. It’s about giving your child options and confidence when they’re ready for college, university, or a trade.


Why Parents Choose an RESP


Government Grants

 With an RESP, the government adds 20 percent to your contributions each year, up to a lifetime maximum of $7,200. It’s one of the easiest ways to grow your child’s education fund because every dollar you put in gets an automatic boos 


Tax‑Free Growth

Your RESP grows tax‑free until your child uses it for school. More growth, less stress, and a bigger education fund over time.


Flexible Contributions

You choose how and when you contribute. Monthly, yearly, or whenever life allows. Every dollar helps.


Support for Any Path

University, college, trades, apprenticeships — an RESP supports all of it. Your child gets the freedom to choose the path that fits them best.


How an RESP Works


1. Open the Account

You set up an RESP with Lionspoint. It’s quick, simple, and doesn’t require a big initial deposit.


2. Contribute at Your Own Pace

There’s no pressure. You add money when you can, and your savings grow tax‑free.


3. Receive Government Grants

The government matches a portion of your contributions, up to $7,200. These grants build your child’s education fund faster.


4. Use the Funds When School Starts

When your child begins post‑secondary education, the RESP can be used for tuition, books, housing, and other school costs.


A Better Way to Plan for Their Future


Parents often tell us they avoided RESPs because they felt confusing or overwhelming. At Lionspoint, we make it simple. Clear steps, straight answers, and support that fits your family.

Learn More

 Ready to Start Saving?


An RESP can make a huge difference in helping your child achieve their educational goals. Connect with us to discuss how we can help you build a personalized RESP strategy that fits your family’s future.

Find out more

Book your meeting today to discuss your RESP options

Click here to schedule an appointment to discuss your Education planning needs

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