Small paper graduation cap sitting on top of a stack of coins. An open book can be seen the background.

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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