How do I open an RESP account for my child?

Asked 5 years ago

I am looking for suggestions to invest in my daughter's RESP. I think it's a lot better for her future as I might be saving her from thousands in student loans. What are your recommendations for good RESPs?

Registered education savings plan (resp)Savings account for child College funds for children Investment advice

Andia Rispah Igobwa

Wednesday, June 23, 2021

To open an RESP account, you have to first get your child a Social Insurance Number (SIN).
If you don't already have a SIN, you also have to get yourself one.
Plus, you need documents like birth certificates.
Some of the best ones are Questrade RESP and Justwealth RESP.

Write an answer...﻿

Cancel

Please follow our Community Guidelines

The Best Trading Platforms for Beginners and Professionals

Sofia Thai

April 23, 2021

Withdrawing from BitMart: Limits, Fees, Issues, and How-To

Andrew Moran

December 22, 2024

Using Platforms and Brokers for Day Trading

Filip Dimkovski

December 23, 2024

Filip Dimkovski

Thorsten Steins

Filip Dimkovski

Andrew Moran

Filip Dimkovski

Andia Rispah Igobwa

Andrew Moran

Filip Dimkovski

Can't find what you're looking for?

How do I open an RESP account for my child?

Related Articles

The Best Trading Platforms for Beginners and Professionals

Withdrawing from BitMart: Limits, Fees, Issues, and How-To

Using Platforms and Brokers for Day Trading

Related Posts

Which Children's Savings Account is Best Recommended?

Which Stock Markets Are the Best For Beginners to Start Investing In?

Is Investing in Index Funds a Good Place to Start?

Are RESP Withdrawals Taxable?

How to Identify Good Long-Term ETFs to Invest In

Which Stocks Are Low-Cost and Good For Long-Term Investments?

Is It Recommended to Buy Monthly Shares or Put Money Towards Existing Shares?

How Many Shares per Stock Should I Buy?

Should I Put Money in Accelerating My Mortgage Payment or in Stock Investment?

How to Pass Estate Investments to Your Heir and Prevent Them From Blowing it?

Is SPLG a good long-term investment?

Is it still safe to keep bond ETFs despite the low interest rate or should I cut them loose and reinvest in Dogecoin?

What is the long-term outcome of Lucid and CCIV stocks merging?

How to deal with big stock losses?

How much money do I need for the wheel strategy?

Is ZOM a good long-term investment stock?

Is Ford a good company to invest in?

Is it a good idea to invest £1500/month solely into S&P 500 over the long term?

Is Hewlett Packard (HP) stock a good investment?

Can you lose money saving with Binance Earn?