Quote:
Originally Posted by darklord700
If that's the case, then it'll be advantageous to designate the withdrawals from contributions as it is tax free if you know your investment has incurred losses.
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I'm not sure I follow? In general if you take the withdrawal as grants though that is the best for a few reasons. First of all if your child doesn't use all the money for one reason or another you keep the remainder, whereas remaining grant money is clawed back.
The RESP is tax sheltered in general though, so gains and losses aren't taxed as they accrue. I think that's the point you're driving at in your comment, but I'm not sure.