Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How can one of the subscribers from an existing jointly held RESP account be removed?

April 26, 2017account existing held jointly removed RESP subscribers

0

Posted

How can one of the subscribers from an existing jointly held RESP account be removed?

1 Answer

0

Posted

MFC requires: a) A letter of direction signed by both account subscribers asking MFC to remove one of the subscriber’s names. MFC does not require a new RESP application form or the HRSDC grant application form, but MFC will set up a new account with the one subscriber.