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Old 12-12-2022, 09:10 PM   #7
Slava
Franchise Player
 
Join Date: Dec 2006
Location: Calgary, Alberta
Exp:
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Quote:
Originally Posted by Izzle View Post
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.
Those are the scholarship plans and yeah, I’d avoid those entirely.
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