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Registered Education Savings Plan
Why open a CIBC Investor’s Edge RESP?
Which plan is right for you?
Choose from 2 types of RESP to find the account that fits your needs.
An individual plan has one beneficiary. The subscriber doesn’t need to be a family member, but the primary caregiver must be listed on the application.
Family members, usually parents or grandparents, can open a family plan for one or more beneficiaries and also add new beneficiaries in the future. Subscribers must be related to all beneficiaries.
Want to learn even more about RESPs?
Check out our handy references to dig deeper into the world of RESPs.
You gave them a great start, now let them learn the ropes with their own Investor’s Edge account
Once your child is 18, they can open their own Investor’s Edge account and benefit from free online trading. Our young investor education will guide them through the basics and give them the know-how they need to become savvy investors like you. (Warning: They’ll soon be giving you advice!)