Withdrawal and tax questions
How do I close an RESP?
Ask the promoter about contribution withdrawals, grant repayment, accumulated income, fees, and tax slips before closing.
Reviewed 2026-05-23
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Source status: this educational answer links to the government, regulator, school, or provider sources used for the current review. It is not personal financial, tax, legal, or investment advice.
Short answer
Ask the promoter about contribution withdrawals, grant repayment, accumulated income, fees, and tax slips before closing.
Decision area
Withdrawal and tax questions
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Confirm the current rule before acting.
This answer is designed as a starting point. RESP rules can depend on residency, beneficiary age, income, provider support, plan type, and current government program rules.
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Withdraw RESP money explains the broader decision and links to related tools.
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