What is required to transfer a MFC Individual RESP into a MFC Family RESP when only one of the beneficiaries on both accounts is the same?
MFC requires: a) Family RESP account application form (if one has not yet been opened) b) HRSDC grant application forms for each beneficiary under the new account including the one who was named under the Individual RESP c) A Letter of Direction signed by the subscriber(s) indicating the transfer details
Related Questions
- What is required to transfer a MFC Individual RESP into a MFC Family RESP when only one of the beneficiaries on both accounts is the same?
- Can we transfer an MFC Individual RESP to an MFC Individual RESP for another beneficiary?
- May spouses or family members in the same household create their own individual accounts?
