Can RESP funds be used for apprenticeship programs in Canada? Yes—if the associated program is recognized by a designated educational institution and the apprenticeship program is otherwise eligible under the government rules. This guide explains RESP withdrawals, eligibility for apprenticeship programs, and how to avoid penalties. If you are a parent who is saving for your child or a student entering an apprenticeship pathway in the trades, knowing how to leverage the flexibility of RESPs will help you use your education savings in the best way possible. Find out how to support a skilled trades career with RESP planning. #business #education #livestyle #finance #canada
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