Self-Directed Registered Education Savings Plan (RESP)

TD Waterhouse is one of the few discount brokers in Canada that offers Self-Directed RESPs. We can offer you the complete range of all the investment options available through TD Waterhouse Discount Brokerage for the low annual administration fee of $50 plus tax.

With the cost of post-secondary education continuing to rise, an RESP can make good sense. Although your RESP contributions are not tax-deductible, the income earned on those contributions is sheltered. As a result, the RESP offers a unique opportunity to accrue tax-free investment income while saving for your child's education.

Learn more about RESP advantages, the Canadian Education Savings Grant, beneficiaries and contributors.

No Fee RESP

Maintain a balance of $25,000 or more in your RESP account and we'll waive the $50 annual administration fee.