Q. What happens to the remaining balance in a registered education savings plan (RESP) account after the kids have finished their education? Could I keep it open and continue to invest the money ...
For years, you’ve saved up for your child’s college or university education with a registered education savings plan (RESP). Now, your kid is getting ready to start classes. As the RESP’s subscriber ...
Using a registered education savings plan as a tax shelter once you no longer have post-secondary costs for a beneficiary may not be advisable. (Credit: Getty Images/iStockphoto) Q. What happens to ...