melvinheadrick
Geregistreerd op: 14 Sep 2017 Berichten: 1
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Geplaatst: 14-09-2017 15:43:53 Onderwerp: RESP Basics |
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An RESP is a type of savings plan introduced in 1974 by the Canadian government to encourage saving for post-secondary education by allowing interest earned on all RESP contributions to accumulate tax-free. Then, in 1998, the Canada Education Savings Grant (CESG) was offered, matching 20% on RESP contributions up to a maximum of $500 per year, per child. Today, more than half of eligible Canadian families are taking advantage of these and the many other benefits of an RESP.
To learn more check out http://knowledgefirstfinancialflexfirst.ca/. |
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