Back to school: RESP 101

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School is back in session across Canada. Financial Planner Ines Iraoui joins the podcast to discuss RESPs. Discussion includes:

What is an RESP?

Who can open and contribute to an RESP?
Who can be a beneficiary of an RESP?
Types of plans?
Amount per years or lifetime?
How long they last or can be accessed?

What are some of the grants available?
What kind of investments can an RESP hold?
What are the tax advantages of an RESP?
How do withdrawals work in an RESP?
Why would opening an RESP be recommended?

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Back to school: RESP 101

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