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How to Effectively Manage Your RESP for Your Child's Future: A Comprehensive Guide

Tuesday, June 13, 2023

Opening a Registered Education Savings Plan (RESP) is one of the most effective ways to save for your child's post-secondary education in Canada. But what happens once you open the account? Many parents are faced with a choice: Should you leave the RESP management to the bank, or take control of it yourself by opting for a self-managed strategy?

Here's a breakdown of how to manage your RESP efficiently, including insights from experienced RESP investors on Reddit.

 

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