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Add RESPs to your corporate benefits

Get more out of your benefits by adding a Registered Education Savings Plans program to it!

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How We Can Support Your Business

We offer many programs to suit your needs, objective and vision. Our programs can help you bolster recruitment and retention, adding industry-leading tools to your organization’s offering.

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$6.4 billion

In savings managed by Embark

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1.2 million+

Families and supporters who enjoy the benefits of being part of Embark.

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Trusted Partners

Help manage your plan

What is an RESP?

An RESP, or registered education savings plan, is a tax-advantaged savings account that helps you plan and save for a child’s post-secondary education. It can contain cash and other investment instruments, and the government will contribute funds towards your child’s education just for saving in one. Savings grow tax-free while in an RESP. When you withdraw funds for school, they’re taxed in the hands of the student, often meaning you’ll pay little to nothing in taxes, allowing you to put more of your savings towards their education.

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The Benefits of an RESP

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For Companies

  • Easier to attract and retain talent in a job market beset by serious labour shortages.

  • Enhanced employee benefits at no additional cost.

  • Promotion of your employer brand and its commitment to offering benefits that will contribute to a sustainable future for families in your corporate community.

  • Simplicity of introducing an RESP as a new employee benefit with Embark’s assistance.

    • For Employees

  • Industry-leading digital savings tools to track, manage and understand your savings.

  • Investment strategies that are tailored to their child’s age.

  • Up to $7,200 in government grants just saving in an RESP.

  • Easy enrolment and contributions through source deductions.

    • Customized Programs For Your Organization

    Setting up an RESP program is simple: tell us your needs and we’ll build a bespoke program for you.

    Any program you choose will always:

    • Be easy to set-up and free-of-charge
    • Have a dedicated account manager
    • Leverage our industry-leading digital management and insights tools
    • Offer RESP experts to host workplace sessions
    • Include RESP brochures and organizational materials
    • Include self-enrolment options for employees
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    Interested in adding an RESP as an employee benefit?