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Registered education savings plans are a great way to save for a child’s postsecondary education. Not only do RESPs let your savings grow tax-free until the child enters school, but the federal government kicks in the Canada Education Savings Grant (CESG) worth up to $500 annually per beneficiary. But RESPs are also among the most complex accounts ever invented, with myriad rules and restrictions that sometimes baffle parents – especially when it’s time to make withdrawals. As we’ll see, even...