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What is required to add a new subscriber to an existing RESP account?

April 26, 2017account existing RESP subscriber

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What is required to add a new subscriber to an existing RESP account?

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10 Posted

MFC requires: • A Letter of Direction signed by the existing subscriber requesting the addition of the new subscriber to the plan • A RESP application form signed by both subscribers. A new HRSDC grant application form is not required, nor will a new account be opened. The existing account number will remain the same.