How to Change Your Plan
RESPs are a long-term investment, and a lot can happen between the day you opened your plan and the day your child starts university or college. If your circumstances change, you may want to choose a new beneficiary or change subscribers. Whatever happens, we’re here to help you make the choices that are right for your family.
Change Beneficiary
You set up your RESP for the benefit of a child you expected to go on to post-secondary school. But if that child chooses a different life path, you may want to select a different beneficiary.
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Change Subscriber
Once an RESP is set up, the subscriber can be changed. A joint subscriber can be added or removed, for example, or a new subscriber can replace one who has passed away.
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