The Saskatchewan Advantage Grant for Education Savings (SAGES) Amendment Regulations, 2023, introduced via Order in Council 144/2023, represent a significant update to the SAGES framework. The amendments primarily focus on revising existing definitions and provisions within the SAGES regulations. Notably, the definition of “accumulated income” under a Registered Education Savings Plan (RESP) has been clarified to denote the amount in the RESP that exceeds the fair market value of any contributions made to the plan. Additionally, a new definition is introduced to specify that “Act” refers to The Saskatchewan Advantage Grant for Education Savings (SAGES) Act. The regulations also update references to the Department of Human Resources and Skills Development to include any successor departments.