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RESP

Is it possible to transfer an RESP to an RRSP?

A Registered Education Savings Plan (RESP) is a strategic method to secure funds for your children’s post-secondary education expenses. Yet, what some may overlook is the option to transfer funds from an RESP to a Registered Retirement Savings Plan (RRSP).

Categories
RRSP

What do Unused RRSP Contributions Mean?

In Canada, the Registered Retirement Savings Plan (RRSP) enables savvy individuals to save for the future wisely. It offers tax advantages, letting you stash a portion of your income for a comfortable retirement.