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RESPs

How much money does the government contribute to an RESP?

Government grants are one of the biggest reasons why Canadians open registered education savings plans for their kids. Here’s...

How much money does the government contribute to an RESP?
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Ask MoneySense

My three kids chose different educational paths. How do I withdraw RESP funds in a way that’s fair to them and avoids unnecessary taxes?

A Certified Financial Planner explains how RESP withdrawals and taxation can work for each of your children, regardless of...

My three kids chose different educational paths. How do I withdraw RESP funds in a way that’s fair to them and avoids unnecessary taxes?
A young woman checks her child's RESP balance on her phone

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What to do when you have insufficient or unused RESP funds

RESPs often fall short of funding a child’s full education, but sometimes an account holder ends up with unused...

What to do when you have insufficient or unused RESP funds

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Student Money: How to pay for school and have a life—a guide for students and parents

Going to school is expensive—but so are extracurriculars. This financial guide covers how to pay for school, for both...

Student Money: How to pay for school and have a life—a guide for students and parents

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Financial aid guide for university and college students in Canada

Post-secondary education costs add up. The good news is that numerous grants, bursaries and loans are available to help...

Financial aid guide for university and college students in Canada
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Jacks on Tax

School tax: What can you claim as a deduction on your annual income tax?

Post-secondary education is expensive, but you can cut the cost by taking advantage of these tax breaks.

School tax: What can you claim as a deduction on your annual income tax?

Financial Planning

What happens to an RESP for grandchildren when you die?

Opening an RESP is a great way to contribute to your grandchildren’s education costs. But what happens if you...

What happens to an RESP for grandchildren when you die?
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Micro-credentials in Canada: Is it worth it to upskill?

Having extra knowledge and skills under your belt can make your resume stand out. Learn them with short, affordable...

Micro-credentials in Canada: Is it worth it to upskill?

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Two Canadian students at a dorm discussing RESP withdrawal rules.

MoneyFlex

RESPs 101: The RESP withdrawal rules

Have an RESP, now what? If you’re wondering how to withdraw that money to pay for school (or not),...

RESPs 101: The RESP withdrawal rules

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