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.
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.
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 your child is eligible to receive.
Your Contributions are professionally managed.
Your investment income starts growing in a tax-sheltered Plan for the benefit of your beneficiary.
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.
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 2022, the Foundation paid out nearly $118 Million to Canadian families enrolled in our Plans.1
1 Total 2022 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 2022 Annual Audited Financial Statements available here.
Protection of principal, for disciplined and committed savers.
Set your own Plan Contribution Target! Enrol at any age.
For those who are seeking a flexible, individual RESP option.