Making regular annual contributions to an RESP up to the total maximum allowed of $50,000 per child, starting when they are born, won’t be quite enough, assuming the money is invested and earns 5.5 ...
Whether your child dreams of becoming a doctor, a teacher, a lawyer, or an astronaut, higher education opens many doors. However, post-secondary education often comes with a hefty price tag. As of ...
Do you want a simple RESP that grows tax‑free? Use consistent contributions and a low‑cost Canadian ETF like VCN to compound dividends into education savings. Start early and contribute regularly to ...
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When and how to transfer an RESP for grandchildren
I’m the grandfather to two young boys. They are eight and six years old. I opened a joint RESP for both of them after the ...
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