Use a RESP to Pay for Your Child’s Education and Contribute to a TFSA

Introduction Saving for a child’s post-secondary education is a major financial goal for many Canadian families. A Registered Education Savings Plan (RESP) is one of the best ways to fund higher education, thanks to government grants and tax-free growth. However, many parents wonder: can RESP savings also help fund other long-term financial goals, such as […]

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