CDSPI - Dental Staff Investment/RESP

• Eligibility
• RSP
• Investment Account
• TFSA
• RESP
• RIF

The RESP

The RESP is a Registered Education Savings Plan (RESP) which allows you to save for a child’s future education in a tax-sheltered manner. You may contribute a lifetime maximum of $50,000 per beneficiary. Thanks to the Canada Education Savings Grant, RESP holders can receive an annual government grant (see below).

The RESP provides you with major advantages. One benefit is the ability to invest in the CDSPI family of funds — more than 30 investment funds (plus Guaranteed Funds) that come with proven records of performance and no-cost investment guidance. And unlike many other investment funds, the CDSPI funds charge no loads, commission or routine transaction fees* — just modest fund management fees which are among the lowest you’ll find anywhere.
* Surcharges may be levied for short-term trading.

To apply for an RESP, please complete the following forms (if applicable) located below:

• RESP Application
• appropriate CESG Application (see below for details)
• Alberta Grant Application (for those who reside in Alberta)
• Schedule "A" Form (if the plan you are setting up has more than 2 Beneficiaries)
• RESP Transfer Request Form (if transferring an existing RESP Account from another financial institution)

Download RESP Plan Sheet
Download RESP Application
Download Deposit Form (for existing RESP participants only)

Information Documents

Note: These documents contain important information about the RESP. Please review them prior to completing and submitting your application:

Questions and Answers About the RESP

Education Savings Plan
Terms and Conditions — Single
(For a plan with a single beneficiary)

Education Savings Plan
Terms and Conditions — Family
(For a plan with multiple beneficiaries)

Application Forms for the Canada Education Savings Grant and the Canada Learning Bond

If you wish to apply for the Canada Education Savings Grant (CES Grant), download, complete and send in the appropriate form below with your RESP application.

Two types of grants are available — the Basic CES Grant and the Additional CES Grant. Lower- and middle-income families can apply to receive the Additional CES Grant. In addition lower-income families (who qualify for the National Child Benefit Supplement) can also apply for the Canada Learning Bond (CLB). For more information about these grants and this bond, refer to the Questions and Answers About the RESP document below.

For the Subscriber Who Is the Beneficiary’s Primary Caregiver

Use the form below if you are an RESP subscriber who is the beneficiary child’s custodial parent and primary caregiver (the primary caregiver is the parent who claims the Canada Child Tax Benefit for the beneficiary child).

With this form, you can apply for one or more of the following incentives:
CES Grant, Additional CES Grant, Canada Learning Bond (CLB):
Download CES Grant/Additional CES Grant/CLB Form
(You will need one copy per child.)

For the Subscriber Who Is Not the Beneficiary’s Primary Caregiver

This form is for RESP subscribers who are not the beneficiary child’s custodial parent and primary caregiver (e.g. a grandparent, aunt, uncle, etc.).

Application for the Alberta Centennial Education Savings Grant

The Alberta government provides $100 grants to students who turn 8, 11 and 14 on or after January 1, 2005 if they are attending school in the province and are RESP beneficiaries. At least $100 must be contributed to the student’s RESP in the year prior to applying for the grant. A one-time $500 grant is also provided by the province to children born in 2005 or later who are RESP beneficiaries.

Download Application for the Alberta Centennial Education Savings Grant
(The RESP subscriber must complete a separate application for each eligible beneficiary.)

Related Forms

Schedule "A" Form
(If you're opening an RESP for more than two children)

RESP Transfer Request Form
(To transfer an existing RESP to the RESP)

EAP Redemption Form
(To withdraw funds from your RESP for post-secondary education.)

Social Insurance Number Application
Clicking the above link will take you to the Government of Canada's website where you can download the application for a Social Insurance Number (SIN). Note that a child must have a SIN to be named as a beneficiary of an RESP.

Note: To view these documents, you will need to have Adobe Acrobat Reader installed on your computer.

For general information on how to invest using the RESP (including how much you may need to save to help cover education costs) click here to visit the website of CDSPI Advisory Services Inc.