Open Menu Login Open Menu Registered Education Savings Plan (RESP) Help save for your child’s education using the Universal Child Care Benefit increase. Build education savings for your child. Book an appointment About RESP What TD Offers What is an RESP? A Registered Education Savings Plan (RESP) is a government-registered plan that helps you save for a child’s post-secondary education. Learn more. Benefits of RESPs Government Grants The federal and some provincial governments offer grant and incentive programs ‑ without impacting your RESP contribution room. Tax-deferred growth You can contribute up to $50,0001 per child, and there are no taxes payable on the money earned in an RESP until it’s withdrawn. Start sooner, save more Maximize the amount saved by starting a savings plan sooner. All you need is your child’s Social Insurance Number (SIN). Save for your child’s future using the Canada Child Benefit. Legal 1 Lifetime contribution limit per beneficiary. Related articles Individual or Family RESP: Which is right for you? An RESP can be a good way to maximize savings for postsecondary education. But, do you know which plan may be right for your family? You may also be interested in: Retirement Savings Plan Learn how government grants can help you save for your child’s education. Learn more TD Automated Savings Services You decide how much you want to save and how often. Learn more Save for a child’s education See how investing in a RESP can help you save for your child’s post-secondary education. Learn more Ways to Apply Book an appointment Meet with us in person at the branch closest to you. Book now Call us Our team is ready to answer your questions and can assist you with your application. 1-888-568-0951 Have a question? Find answers here Enter your question Ask us Popular questions Need to talk to us directly?Contact us Follow TD Twitter Facebook Instagram YouTube LinkedIn Privacy & Security Legal Accessibility CDIC Member About Us We're Hiring Ad Choices & Personalization Site Index