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.
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.
As my regular readers know I have been spending a while attempting to figure out the new RESPÂ Rules put in place for RESP withdrawals (I have two daughters attending University and wish to withdraw money… Read More »RESPs and Rules
I went to the bank with our Free letter from my middle daughter’s University (the nice one in Nova Scotia), which was e-mailed to us (for use in RESP Redemption), and finally the entire RESP… Read More »RESP Redemption (Redux)