Savings as a Financial Misnomer
The word Savings is used in the names of RESP, RDSP, RRSP, TFSA and others, but this really does confuse many folks.
RESP or Registered Education Savings Plan is an essential program for saving for University and post-secondary school expenses.
I stopped and checked, and I have dedicated a lot of electronic ink on the subject of the Registered Education Savings Plan and specifically my “interactions†with TD and associated Universities over my daughters’ academic careers. While I used the TD Mutual funds, there are many other better ways to do this. For anyone planning on sending their children to a post-secondary school, the RESP is an essential financial tool.
This is free money folks, why you would not want to have it, is beyond me.
The word Savings is used in the names of RESP, RDSP, RRSP, TFSA and others, but this really does confuse many folks.
Take advantage of tax-deferred savings and government grants with Canada’s RESP for your child’s post-secondary expenses. Maximize your returns with RESPs today!
#RESP #Education #Canada
How hard could it be to transfer funds from a TD Mutual Fund account to a TD Directline account? Surprisingly it is not as easy as it sounds.
TD will be removing their E-series funds from their TD Mutual Fund accounts, in the near future. It does not mean the E-series funds are done, just that you can’t trade them in a TD Mutual Fund account.
Discover how to make the most of the Canadian RESP program and secure free money for your kids’ college or university funding. Learn more about the program and how I used it. #RESP