Top 5 Hacks To Maximize Your Child's RESP

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?