Understanding your child’s RESP20220608161350

Understanding your child’s RESP

IP Private WealthJune 8, 2022, 0 comments
Hearing the word RESP is common around this time of year as your kids accept offers to university or college and begin preparations for the fall. We may understand that these savings plans are an effective way to save money and reduce the impacts of annual taxation, but how much do you really understand about the RESP process? Here’s a short guide to help you understand exactly what you’re purchas...