TD Mutual Funds to Directline?
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.
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.
Adieu TD Mutual Fund Account
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.
RESP: Free Money Folks
The RESP, Registered Education Savings Plan, is free money for parents who think their kids will go into post-secondary training programs. They don’t have to go to University.
When to Put Money in RRSP
When should I put money in my RRSP? A good question to ask, and here is a simple heuristic to help you figure that out. Remember that if you have an RESP or RDSP the waterfall changes or has extra steps.
RESP Only For the Rich ?
Is the RESP really only for the Rich? Stats Canada has a troubling report that seems to suggest that is actually the case. Most banks will not market this to a lower income family, so they are unaware of the Canada Learning Bond.
