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.
Can you ever write too much about RESP, Registered Education Savings Plans? I don’t think so, that is for sure.
The Bank of Canada felt worried enough about the Canadian (and North American in general) economy’s fragile recovery that they decided to stop raising interest rates for now, keeping their key overnight rate at 1%,… Read More »Interest Rates Remain the Same
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.