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Ever found yourself scratching your head over what a RESP is? You're not alone. In today's video, cover in detail Registered Education Savings Plans (RESPs). We'll break down:

What a RESP actually is
The ins & outs of contributions
Free RESP government grants
How to make withdrawals
How to get started

Whether you're a new parent or just starting to think about your child's education, this video is for you.

Want to learn more? Check out Dundas Life's blog post on RESP explained
www.dundaslife.com/blog/whatisanresp


0:00 Introduction
0:19 About Dundas Life
0:45 What are RESPs?
1:44 Canada Education Savings Grant
2:34 How to Open an RESP?
3:40 RESP vs RRSP
4:16 RESP vs TFSA
4:42 What if my child doesn't need an RESP account anymore?
5:06 How to close an RESP account?
5:44 Conclusion


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