Thread: RESP Question
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Old 12-06-2016, 06:44 AM   #11
Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta

You can get the CESG for more than one account. The difficulty in doing this is that you have to be careful not to exceed the limits and I'm not sure about how easy that will be to track and maintain going forward. So "on the way in" that isn't a big deal. You will want to be cognizant about the amount of grants received for when its time to withdraw the funds.

In general, I think its easiest to just have one RESP set up. It makes tracking it easier and keeps everything in one place. I'm not sure what advantages there are to having more than one open, and there isn't anything precluding you from having more than one that I'm aware of though.
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