Help centre
Is the account opening process the same for a family RESP as for an individual RESP?
Yes, the account opening process for a family RESP is the same as for
an individual RESP. However, a separate
account must be opened for each beneficiary (child).
Related questions
-
How do you calculate the minimum and maximum amount to withdraw from a RRIF or LIF? -
Should I indicate my spouse's age when opening my RRIF account? Indicate your spouse's age when opening an RRIF for financial growth and longer payment period. -
How do I request an RESP withdrawal? See the steps to make a withdraw from your RESP, or contact us through our Message centre or by phone. -
What is the FHSA and when will it be available? Learn more about the First Home Savings Account (FHSA) and if you're eligible to open an account. -
What is the FHSA and how does it work? Discover the First Home Savings Account (FHSA), a tax-free account for first-time homebuyers.
Our virtual assistant is here to help
Chat with our virtual assistant 24/7 for answers to your questions.