Lesson Making a withdrawal

Withdrawing from an RESP

Learn about the different types of withdrawals available in RESP accounts.

RESPs are set up to help pay for a child’s postsecondary education, and withdrawal options can be limited due to government regulations.

These accounts have 4 types of withdrawals available:

  • Education assistance payment (EAP)
  • Post-secondary education payment (PSE)
  • Capital withdrawal
  • Accumulated income payment (AIP)

Learn more about RESP withdrawals in this article.

Note: The information in this blog is for educational purposes only and should not be used or construed as financial or investment advice by any individual. Information obtained from third parties is believed to be reliable, but no representations or warranty, expressed or implied, is made by Questrade, Inc., its affiliates or any other person to its accuracy.

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