How do I open an RESP?

To open an RESP account:

1. Create a goal in your profile
2. Select the type of RESP account you wish to open
3. Fill in the information
4. Confirm your consent to be considered for government grants
5. Save, then initiate your first transfer to finalize the account opening
   
   

Once you have opened an RESP account, all fees apply.

Account holders can update the beneficiaries on their RESP account to another child without any penalty if the child is under 21 years old.