Registered Education Savings Plans (RESPs) - An Explanation
The course Registered Education Savings Plans (RESPs) - An Explanation covers RESP plans in great detail. From the accumulation phase, to the taxation of withdrawals, those taking the course will learn a lot more than the basics.
In addition users will learn about the options available when no beneficiary attends post-secondary education (including what is required to undertake a rollover to an RDSP) and about the various additional grants available to those who qualify. In order to complete this course, you will need to receive a mark of 6 out of 10 or higher on the final quiz. This course qualifies for the following continuing education (CE) credits:
| Governing Body | Credit Hours | Category |
|---|---|---|
| AIC | 2.0 | Life only |
| FP Canada | 3.5 | Financial Planning |
| IAFE - The Institute | 4.0 | n/a |
| ICS | 2.0 | n/a |
| IIROC (Cycle 9) | 2.5 | Professional Development |
| MFDA | 3.5 | Professional Development |
This course may also qualify for CPA credit hours. More information about continuing education requirements is available here.