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Parents with university-bound kids this fall: Tips for your first RESP withdrawal | Canada Voices

Open this photo in gallery:Aside from understanding the rules around RESP withdrawals, there are some practical logistical elements to consider.kenneth-cheung/iStockPhoto / Getty ImagesThere’s so much focus on contributing to registered education savings plans (RESPs) that when the time finally comes to withdraw money, we can be caught off guard. I went through this when my son left for his first year at Queen’s University. Aside from understanding the rules around RESP withdrawals, there are some practical logistical elements you need to consider.When and how often to take money outYou can start making RESP withdrawals once your child is officially registered…

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