2
votes
2answers
138 views
Group (pooled) RESP plans in Canada: Education savings advantages & disadvantages?
I'm familiar with the Individual and Family types of Registered Education Savings Plans (RESPs).
There's also a third type: Group (pooled) RESPs, which I mentioned in this answer. …
4
votes
1answer
499 views
RESP withdrawals: What are the eligible/qualified education costs or expenses, other than tuition?
A few years ago, my wife and I started an RESP to help us save for my daughter's eventual post-secondary education. We're doing well with it: we take advantage of the maximum gove …
1
vote
3answers
88 views
Which account should I put my money to get the most tax benefit?
I have $5,000 that I would like to put in to an investment account. To get the maximum tax benefit, should I put it in my RRSP, my child's RESP, or my TFSA account? I have enough r …
5
votes
4answers
115 views
How much is university projected to cost in Canada in 18 years?
I don't know how much I should put into an RESP for my son. I have $1000 to start and plan to put $100 / month into it. Will this be enough to pay for university when he turns 18 …
3
votes
1answer
116 views
Is an RESP the best investment option for my young child?
I recently had a baby and am thinking about opening an RESP to save for his education. Is this the best way to invest my money? Is there a chance of losing money this way?
4
votes
1answer
241 views
What are the best options for an RESP for my 2 year old kid?
Just starting to look into RESPs for my kid. There are RESP funds, or I could just throw money in a GIC... wondering where else I should look... and what I can do.
