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On Tuesday, the Liberal Party introduced a new Canada Learning Passport, which would pay $1,000 per year to high-school students who have an RESP account. (Moe Doiron/Moe Doiron/The Globe and Mail)
On Tuesday, the Liberal Party introduced a new Canada Learning Passport, which would pay $1,000 per year to high-school students who have an RESP account. (Moe Doiron/Moe Doiron/The Globe and Mail)

Earlier Discussion

Your RESP questions answered Add to ...

Most Canadians know that registered education savings plans are a great way to save for a child's post-secondary education. But despite their popularity, many people are still confused about how RESPs actually work.

Our recent articles on RESPs - A primer on how to withdraw from RESPs and Are you getting the most out of your RESP? - triggered a flood of questions from readers.

More related to this story

Mike Holman, the author of The RESP Book and a Toronto father of two who writes the Money Smarts blog, recently published a Kindle e-book called “How To Withdraw From Your RESP Account Whether Your Child Goes To School or Not." You can read an excerpt from that book here.

Mr. Holman was here to answer your RESP questions. To read a transcript of the discussion, click on the box below.

Click here for a mobile-friendly version.



<iframe src="http://www.coveritlive.com/index2.php/option=com_altcaster/task=viewaltcast/altcast_code=c1c3edf568/height=650/width=460" scrolling="no" height="650px" width="460px" frameBorder ="0" allowTransparency="true" ><a href="http://www.coveritlive.com/mobile.php/option=com_mobile/task=viewaltcast/altcast_code=c1c3edf568" >Discussion on RESPs with Mike Holman</a></iframe>


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