Here Comes 2011
With the new year (2011) coming soon what can you do for the new years coming very soon. What still needs to be done.
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Registered Education Savings Plan
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.
Enough about Registered Education Savings Plans ?
Can you ever write too much about RESP, Registered Education Savings Plans? I don’t think so, that is for sure.
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.
RESPs The Actual Cashing Out
How easy is it to Cash out parts of an RESP? Cashing out can be straight forward, but you will need supporting documentation.
RESP This Round Finally Ends ?
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.
