Who can open an RESP?
Anyone-parents,grandparents,other family members and friends-can open an RESP for a child. RESPs can be opened by one person, or opened jointly by spouses or common-law partners. They can also be opened by child-care agencies. Individuals can also open an RESP for their own use.
A Practical Plan
monthly$30Nunc cursus libero purus ac congue arcu cursus ut sed vitae pulvinar massa idporta nequetiam.
- Plan For Your Children's Education
- Grow your savings tax-free up to a maximum of $50,000.
- Benefit from a federal government grant equivalent to 20% of your annual contribution
A Flexible Plan
monthly$60Nunc cursus libero purus ac congue arcu cursus ut sed vitae pulvinar massa idporta nequetiam.
- Designate another child or make a donation
- Withdraw your original contributions tax-free
- Transfer your investment income to your RRSP under certain conditions.
A Practical Plan
monthly$120Nunc cursus libero purus ac congue arcu cursus ut sed vitae pulvinar massa idporta nequetiam.
- Plan For Your Children's Education
- Grow your savings tax-free up to a maximum of $50,000.
- Benefit from a federal government grant equivalent to 20% of your annual contribution
A Flexible Plan
monthly$240Nunc cursus libero purus ac congue arcu cursus ut sed vitae pulvinar massa idporta nequetiam.
- Designate another child or make a donation
- Withdraw your original contributions tax-free
- Transfer your investment income to your RRSP under certain conditions.
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