Planning for your child’s or grandchild’s education is one of the most meaningful investments you can make. But an education savings plan isn’t just about funding tuition—it’s about creating opportunity, fostering independence, and protecting your broader financial goals along the way.

At McInroy & Associates Private Wealth Management, we help families across Peterborough, Bobcaygeon, Kawartha Lakes, and Haliburton integrate education planning into their long-term strategy. Whether you’re supporting one student or many, we ensure your plan is structured for flexibility, tax efficiency, and peace of mind.

RESPs done right: Strategy meets opportunity

A Registered Education Savings Plan (RESP) is a powerful tool—but only when used to its full potential. We help you move beyond the basics, building RESP strategies that align with your broader financial picture and family priorities. RESPs aren’t just investment accounts—they’re a tax-efficient, government-supported way to set up the next generation for success. We make sure you’re using every lever available.

  • Lifetime contributions

    With a $50,000 limit per child, contribution timing and amounts matter. We guide you on how to structure contributions to maximize growth while maintaining tax and retirement efficiency.

  • Grants that boost your impact

    The Canada Education Savings Grant (CESG) matches 20% of annual contributions up to $500/year—up to a lifetime max of $7,200 per child. If you’ve missed years, you can still catch up. We make sure no opportunity is left behind.

  • Family plan flexibility

    Not every child’s path is the same. RESPs allow for transfers between siblings, and under certain conditions, to a parent’s RRSP. We structure your accounts with long-term flexibility in mind.

  • Provincial bonuses

    Some provinces offer additional education incentives. We help you tap into every available resource, so your education savings plan goes further.

Education planning with full-picture integration

A well-structured education savings plan shouldn’t exist in a silo. It should fit seamlessly into your retirement strategy, tax plan, and estate goals. That’s what sets us apart.

We ensure your education planning:

  • Works alongside your investment and cash flow plan
  • Preserves retirement flexibility and lifestyle goals
  • Minimizes tax implications for both the contributor and the student
  • Supports long-term wealth transfer objectives

Our approach brings everything into focus. One plan, fully connected.