Group vs. Self-Managed RESPs

Choosing the right Registered Education Savings Plan (RESP) can make a significant difference in how your education savings grow and how flexible your plan will be. Group vs. Self-Managed RESPs provides a clear comparison between these two popular types of RESPs to help you decide which is best suited to your family's needs.

This ebook explains how group RESPs pool funds from many contributors and are managed by plan providers with fixed investment strategies and contribution schedules, while self-managed RESPs offer greater control over investment choices, contribution amounts, and withdrawal timing. Learn about the unique fee structures, risks, benefits, and rules that come with each option.

Whether you prefer a hands-off approach with group plans or want to take charge with a self-directed RESP, this guide equips you with practical, easy-to-understand information so you can make confident decisions that maximize government grants and grow your savings for your child’s future education.