CDSPI - Dental Staff Investment/CDA RESP

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

The CDA RESP

The CDA 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 CDA RESP provides you with major advantages. One benefit is the ability to invest in the CDA family of funds — 30 funds (plus Guaranteed Funds) that come with proven records of performance and no-cost investment guidance. And unlike many other investment funds, the CDA 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.

Download CDA RESP Plan Sheet
Download CDA RESP Application

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

Canadian Dental Association 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 (CESG), download, complete and send in the appropriate form below with your CDA RESP application.

Two types of grants are available — the Basic CESG and the Enhanced CESG. Lower- and middle-income families can apply to receive the Enhanced CESG. In addition to the Enhanced CESG, 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 CDA RESP document below.

For Parents

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 Non-Parents

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.)

Information Documents

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

Questions and Answers About the CDA RESP

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

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

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 CDA RESP)

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 CDA 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. — A CDSPI Affiliate.