An RESP is an education savings plan registered under the Income Tax Act. There are many types available. RESP contributions are not tax-deductible but rather a RESP allows your contributions to grow tax-free.  If you have children, grandchildren or are expecting a child, you may be thinking about saving for their post-secondary education. Tuition rates are rising and the best way to ensure that your child can afford an education is to start saving early.

Types of RESP's

There are three types of RESP’s available and only CEFI offers all three. We are “education funding” specialists! “Education funding” is all we do

1. THE CET GROUP PLAN

This is the “more structured” of the plans offered by CEFI. It pays the highest EAPs. 

2. THE CET ACHIEVERS PLAN

3. THE CET SELF-INITIATED PLAN

For more information about Registered Education Savings Plan frequently asked questions