Back to the list of questions

Can we withdraw the money accumulated in my son's RESP when he starts university?

Question from: Anonymous

OUR ANSWER

All the funds accumulated for your son’s education will be available upon his enrolment in a post-secondary program of study. You get to choose the time, amount and frequency of the RESP withdrawals throughout your son’s school career.1

When the time comes, simply visit your Client Space to withdraw from your RESP in just a few clicks.

To learn more about how flexible and simple it is to withdraw funds for your son’s education, watch our animated video about the ABC’s of RESP withdrawals!

SEE ALSO

Legal Notes

  1. Subject to limits established under the Income Tax Act (Canada).