For more information on RESPs and new options, check out their LinkedIn page at https://www.
The company offers many options for RESPs, including tax-deferred plans for rapid capital growth.
Global Banking News-September 12, 2012--BMO study says Canadian parents looking for financial help from RESPs to fund children's education(C)2012 ENPublishing - http://www.
A survey by Bank of Montreal (NYSE: BMO) has indicated that more Canadian parents are turning to RESPs to fund their children's education.
FXGTM: RESP (Asp +) is a sensitive and specific assay designed to aid healthcare professionals involved in the diagnosis and treatment of fungal pneumonia.
FXGTM: RESP (Asp +) is the first in a pipeline of products from Myconostica designed to assist in the diagnosis of fungal disease.
The maximum contribution to an RESP
is $4,000 per year per beneficiary.
Unlike funds within an RRSP, those within an RESP
face no foreign investment restrictions.
If you're worried about investing in an RESP
because you're not sure if your child will actually go onto post-secondary education, there's no need.
If your child does not pursue post-secondary education and no other RESP
beneficiary is named, the CESG must be refunded to the government.
The primary effect of RESPs
is to add needless complexity to Canada's tax system," said Kevin Milligan, assistant professor of economics at the University of British Columbia and author of the study, entitled "Tax Preferences for Education Saving: Are RESPs
In an RESP
, there is always the risk that there will be no eligible beneficiary to receive the income generated on the capital contributions.