Quote:
Originally Posted by Izzle
Re group RESP. Nothing that happened to me personally, I was always in individual resps. Google group RESP and the stories are horrifying.
Extremely rigid, high fees, need to stay in for entirely without withdrawal. Sounds like a tontine scheme where if you withdraw early you don't get back much and whatever growth was there is distributed to members that remained in the plan.
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Those are the scholarship plans and yeah, I’d avoid those entirely.