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Registered Education Savings Plan (RESP) with Chauhan Financial
Kamaljit has been assisting my family with our RESP since 1999. He is incredibly helpful and knowledgeable, always available to address any issues. I am very grateful to him for easing our financial worries as my two kids, and who both have now completed their university program. Thanks to Kam!
Mr & Mrs Nitesh Patel
Personalized and Trusted Financial Guidance
Since 1994, we have believed that every family is unique, and so are their financial needs. Our approach is personalized, ensuring that we understand your long-term and short-term goals to provide tailored advice.
Our team, led by Kamaljit Chauhan, takes the time to get to know you and your aspirations, providing guidance that aligns with your vision for your child’s future.
$7,076
Average annual tuition fee 1 for Canadian undergraduate programs in 2023/24
$192,000
Estimated cost of a four-year university program 2 by 2042
45%
Of Canadian children have not accessed education savings incentives 3
Saving for post-secondary is
more important than ever
Rising Cost of Education
Tuition fees for undergraduate programs for the 2023/2024 academic year increased by 2.9%.
Explore RESP Account Types and Grants
Simplify saving for education with different RESP options, such as Individual RESP, Family RESP, and Group RESP.
Avoid the burden of debt
Student loans not only cost more over time but also burden your child with debt
The Chauhan Financial Advantage
Passionate about helping Canadians invest in a better future for their children.
Access to Government Grants (CESG)
The federal government matches 20% of your contributions. That means you could get $7,200 (or more) in free government money.
Tax-Free Growth
You don’t pay tax on any RESP investment earnings while in the plan.
Flexible Education Options
RESPs support a wide range of post-secondary education choices, including universities, vocational schools, technical institutes, trade schools, and religious institutions, both in Canada and internationally.
Expert Financial Management
Your savings are in capable hands! Regardless of the amount, our portfolio managers are among the best in Canada, ensuring your investments are expertly managed.
Flexible withdrawals
When your child starts post-secondary studies, you can withdraw your principal as needed and let the remaining funds grow until their final education assistance payment.
No matter what path your child chooses, we're here to help.
If your child doesn't pursue post-secondary education or you need more flexibility with contributions and withdrawals, you can enroll in a Family Savings Plan or Individual Savings Plan. Transferring from a CST Advantage Plan to a Family or Individual Savings Plan is also easy.
Chauhan Financial has guided us with the right investment solutions, which has allowed both my sons to pursue my post-secondary education without having to stress about tuition and other related fees.
Mr & Mrs Ajay Gupta
Take the First Step Towards a Bright Future
Invest in your child’s future with Chauhan Financial. Contact us today to learn more about our RESP plans and how we can help you secure the education funding your child deserves.