RESPs are intended to help with a child's post-secondary educational costs. Penalties will be applied if the money is used for other purposes. RESP accounts are tax-sheltered accounts that are ...
Scholarship plan dealers (SPDs) have been the focus of regulatory scrutiny for several years, particularly with regard to the sale of group scholarship plans (GSPs), a form of RESP that pools the ...
When my husband and I opened a registered education savings plan (RESP) account for our first son, it seemed straightforward. When we were able to, we deposited money into the account. We understood ...
Saving and investing in a registered education savings plan (RESP) requires discipline, but so does withdrawing your money from the account. You can save this article by registering for free here. Or ...
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