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Tag: Registered Education Savings Plan

16 May

Registered Education Savings Plan

REGISTERED EDUCATION SAVINGS PLAN (RESP) This plan allows subscribes to make non-deductible contributions to finance the post-secondary education of their children, grand-children, or any other qualifying beneficiary. Beneficiaries under the plan, if enrolled in a qualifying educational program, may receive payments of up to $5,000 for the first 13 week period of study and any […]