RESP All You Need To Know | FREE Money + Hidden Grant + Tips / Tricks

Most parents like to save for their kids education when they are young, the most common tool would be using a Registered Education Saving Plan. However, though the concept of RESP is simple to understand, there can be lots of nuances and things to watch out for. In this video we are going to dive into what Registered Education Saving Plan is and also everything you need to know about this account including some tips and tricks!


This is not financial advice!

#canada #realestate #finance

▼ Time Stamps

[0:00] Start
[1:13] Part 1: Basic / Free Money of RESP
[1:56] CESG - Canada Education Saving Grant
[4:28] CLB - Canada Learning Bond
[5:06] Types of RESP plan
[7:07] Part 2 : Growing RESP
[8:28] Part 3: Withdrawing RESP
[8:49] EAP - Education Assistance Payment
[9:25] PSE - Post Secondary Education Withdrawal
[10:15] AIP - Accumulated Income Payment
[11:48] Part 4: Tips & Tricks


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