Answer An RESP is a registered education savings plan used to save for education after high school. It can hold personal contributions, eligible government education savings benefits, and investment growth.
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Start an RESP explains the broader decision and links to related tools.

Related RESP questions

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CRA Registered Education Savings Plans overview Canada Revenue Agency · checked 2026-05-27 Opening an RESP and applying for benefits Canada.ca · checked 2026-06-17