With a lot of parents of college aged kids drawing money from RESPs of late, I recorded a video on some of the basics involved.
Contributing to an RESP is easy. Just shovely money in, collect some grants, not much to think about.
Withdrawing from an RESP is when you actually have to apply some medium term tax planning to the thinking. At the very least, don't just rely on what someone at the bank tells you.
For further reference, I've created a very lengthy RESP Wiki Post that I update every few years here:
Registered Education Savings Plans
Everything there is to know about Registered Education Savings Plans (RESPs)
Muhs Wealth Partners
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