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Registered Education Savings Plan

Welcome to RESPs

 

Most parents want to see their children go to college or university. An RBC Royal Bank Registered Education Savings Plan (RESP) can help make that dream come true.

You will be invested in professionally-managed portfolios whose asset mix evolves to reflect your time horizon. And we'll help ensure you take advantage of all available government grants. All you have to do is share some basic information about your child such as their date of birth and social insurance number. An RESP that's a snap to set up - it's how RBC puts you first.

To find out more about an RBC Royal Bank RESP, speak with an RBC® advisor at any RBC branch or contact us by calling 1-800-463-3863.

Learn about the benefits of an RBC Royal Bank RESP, such as a wide range of investment options and no fees.

Review our Giving the Gift of Knowledge Guidebook. It includes helpful information on all your education savings options including RESPs.


RESP-Matic®: an easy way to grow your RESP faster

With RESP-Matic, you contribute to your RESP regularly and automatically. It's one less thing to worry about. You also take advantage of 'dollar cost averaging' to help reduce the effect that market volatility can have on your investments. You can stop, restart or change your contribution schedule any time you like with a simple phone call.

RESP Gift Cheques: a gift that can still make a difference in 15 years, if not fifty

Need to find a gift for that special young person? Consider an RBC® RESP Gift Cheque, which can be used to invest in a child's future. RESP Gift Cheques can be deposited into new or existing RBC RESP accounts.

To find out more about the RESP-Matic and RESP Gift Cheques, please visit any RBC Royal Bank branch or call 1-800-ROYAL® 1-1 (1-800-769-2511) to speak to an investment specialist.

Couples and Families. Plan for the future with your Customizable Guide.


Please consult your advisor and read the prospectus before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Financial planning services and investment products such as mutual funds are offered through Royal Mutual Funds Inc. (RMFI) and guaranteed investment certificates and credit products are offered through Royal Bank of Canada. RMFI is a member company under RBC Wealth Management. RMFI, RBC Asset Management Inc., Royal Bank of Canada, Royal Trust Corporation of Canada, The Royal Trust Company and Phillips, Hager & North Investment Management Ltd. are separate corporate entities which are affiliated. Royal Mutual Funds Inc. is licensed as a financial services firm in the province of Quebec.

® Registered trademarks of Royal Bank of Canada.

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  Saving for a child's education?
Invest in RBC Target Education Funds
 
02/16/2010 11:37:54