2010

RESP Lessons Learned

I have gone through the entire RESP process from opening accounts to cashing them out and I have many RESP Lessons Learned.

How easy is it to Cash out parts of an RESP? Cashing out can be straight forward, but you will need supporting documentation.

How easy is it to do an RESP withdrawal ? Not as simple as you would hope, and there are rules added too, to make it harder.

Discover What The Friendly Giant Taught Us About Finances. Find out why Rusty the Rooster is always half in the bag. Learn more.

Is overdraft something the banks make a fortune on it terms of fees? Absolutely, but at the end of it, overdrafting your account is your own fault.