Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Have you been putting off an RESP? It could cost you $500!

ranchlandsselling · 06-01-2015, 10:57 AM

So one kid was born September of 2014. I'm just getting around to this now and assuming I haven't missed out on anything.

I'm opening a self-directed RESP for my kid with Scotia Itrade.

I've filled out the account info / application with scotia and with that a:
Basic Canada Educations Savings Grant form
Additional Canada Educations Savings Grant
Canada Learning Bond
Application for Alberta Centennial Education Savings Plan Grant

Am I missing anything?

Now to open the account I need to send $2,500 (max?) into the Scotia account every year? So I could send the first cheque to open the account and the second check on the birthday of the kid in 2015?

Anything else I need to do?

Thanks!

06-01-2015, 10:57 AM	#45
ranchlandsselling Powerplay Quarterback Join Date: Jan 2011 Exp:	So one kid was born September of 2014. I'm just getting around to this now and assuming I haven't missed out on anything. I'm opening a self-directed RESP for my kid with Scotia Itrade. I've filled out the account info / application with scotia and with that a: Basic Canada Educations Savings Grant form Additional Canada Educations Savings Grant Canada Learning Bond Application for Alberta Centennial Education Savings Plan Grant Am I missing anything? Now to open the account I need to send $2,500 (max?) into the Scotia account every year? So I could send the first cheque to open the account and the second check on the birthday of the kid in 2015? Anything else I need to do? Thanks!