Top 5 Hacks To Maximize Your Child's RESP

Unconventional Wisdom

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3M ago 26:51

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Many people are saving for their kids’ future education costs in an RESP.

For some parents, it is a higher priority and they want to be able to maximize the benefits of an RESP - not just contribute the standard $2,500/year for each child.

In my latest podcast episode I talk about the five hacks to maximize your child’s RESP.

You’ll learn:

How much might a 4-year degree cost in 18 years?
Is it good for your child to pay for their education?
What asset allocation is best to maximize your child’s RESP?
What are the RESP contribution rules?
How do most parents contribute to their child’s RESP?
What are the top 5 hacks to maximize your child’s RESP?
What are the issues with using an In Trust For (ITF) account?
Should you use a Family RESP or individual RESP?

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