Sign Up

What is a Registered Education Savings Plan (RESP)? 

An RESP is a savings vehicle used to save for post-secondary education. More precisely, it is an arrangement between an RESP Promoter/Provider and a subscriber.

The subscriber makes contributions that accumulate tax-free earnings. In return the RESP promoter/provider agrees to use the accumulated funds to pay for education expenses for one or more beneficiaries designated by the subscriber

Related Questions

Back To Top

Quick Navigation

  1. How to Get Started:


  2. Videos:

    Financial Planning & Budget:

  3. Tools & Calculators:

    Other Resources: