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Setting up an RESP

The best way to set up RESPs for your children is to make an appointment with a representative. The representative will generally come to your home and explain everything in detail and answer your questions. They may also bring along some plan options so you can see how much you can save for your child's education based on various affordable contribution amounts.

You and your partner decide how much you would like to contribute, and if you would like to do it on a monthly, annual or one-time basis. The child in your plan (the "Beneficiary") can be up to 15 years old at the time of enrollment.
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