Our RESP Plans
Group Option Plan

Group
Option Plan

Protection of principal, for disciplined and committed savers.

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Achievers
Plan

Set your own Plan Contribution Target! Enrol at any age.

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Self-Initiated
Option Plan

For those who seek a flexible RESP.

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Achievers Plan

Designed for investors who want to choose their own Plan Contribution Target and desire control over how much to withdraw from the Plan on their chosen schedule.
The Children's Education Trust of Canada Achievers Plan

Key Benefits of the Achievers Plan

Set your own plan contribution target.

EAPs from the Plan can be paid to your beneficiary at any time upon proof of enrolment in Eligible Studies1.

Eligibility to receive Top-Up Payments from the Enrichment Fund Account2.

1 Please consult the Plan's prospectus for full information and a definition of Eligible Studies. EAPs can be paid up until Dec 31 of the 35th year following the year you open the Plan.

2 Payments from the Enrichment Fund Account are not guaranteed. You must not count on receiving a payment from the Enrichment Fund Account. Payments will only be made if there are funds in the Enrichment Fund Account in respect of Beneficiaries who are receiving EAPs in that year. If there is a payment, you may get less than what has been paid in the past. You may also get less than what is paid to Beneficiaries in other years.

Getting started is easy!

1
Start your contributions

Select your beneficiary: Your Beneficiary needs to be a resident of Canada.

Set your Plan Contribution Target: You set your own Plan Contribution Target for post-secondary savings.1 You can then contribute at a pace that suits your family (monthly, quarterly, semi-annually, annually, lump sum)

1 Subject to lifetime limitations by legislation. A minimum of $465 must be contributed.

2
Government grants

When you open your plan, your trained Dealing Representative will work with you and assist you in applying for all government grants that are available to you.

Going forward, we will continue to collect and administer all grants that you are eligible to receive.

3
Investment growth

Your Contributions are professionally managed. 

Your investment income starts growing in a tax-sheltered Plan for the benefit of your beneficiary.

4
Receive payments from the RESP
You select your Plan's date of maturity at the time you open your Plan. When your Plan matures, you let us know about the program of Eligible Studies1 in which your beneficiary is enrolled, and we pay you your net contributions.

You tell us when and how much to pay from your Achievers Plan.2 Government grants collected over the life of your Achievers Plan are paid to beneficiaries as part of EAPs3.

1 Please consult the plan's prospectus for full information and a definition of Eligible Studies. EAPs can be paid up until Dec 31 of the 35th year following the year you open the Plan.

2 Subject to EAP limits set by the federal government.

3 Please see the Master List of Designated Educational Institutions (both in Canada and international) here.

Get Started Today!

Earn AIR MILES® Reward Miles!

Earn 10 AIR MILES® Reward Miles for enrolling in an Achievers Plan. Receive 1 AIR MILES® Reward Mile for every $100 contributed until your Plan matures.

Educational Assistance Payments (EAPs)

You tell us how much to pay from your Achievers Plan and when. Government grants collected over the life of the Plan are paid to beneficiaries as part of EAPs. The CET Achievers Plan is eligible to receive top-up payments with EAPs.¹
¹ Top-up Payments from the Enrichment Fund Account are not guaranteed. You must not count on receiving a top-up payment from the Enrichment Fund Account. Payments will only be made if there are funds in the Enrichment Fund Account in respect of the Beneficiaries who are receiving EAPs in that year. If there is a payment, you may get less than what has been paid in the past. You may also get less than what has been paid to Achievers Plan Beneficiaries in other years.

Investment Asset Mix as of Dec 31st 2021

Our investment objectives are to maximize long-term growth of income on subscribers' RESP savings while ensuring the preservation of those savings.

Through your participation in the Achievers Plan, you benefit from professional investment management services in a cost-effective way.

In 2021, the Foundation paid out over $114 Million to Canadian families enrolled in our Plans.1

1 Total 2021 payments to Canadian Families includes return of net Contributions at Plans' maturity and total Educational Assistance Payments paid to beneficiaries as reported in the Statement of Changes in Net Assets Attributable to Subscribers and Beneficiaries in our 2021 Annual Audited Financial Statements available here.

What if things change?

We understand and are always available to assist you. There are options available if you need to make a change to your Plan.
If your financial situation changes, we are available to assist you and explore options in a professional and informed manner.

Ready to invest in your child's future?

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