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Keyword: RESPs

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parents helping teenage son pack for college

Survey reveals parents aren’t accounting for all of the costs

  • By: Leah Golob
  • November 20, 2018 October 17, 2019
  • 15:25
lass of university students using laptops in lecture

With RESPs, clients can take advantage of the Canada Education Savings Grant

Chart: How Canadian’s education impacts their wealth

The low rate of RESP adoption is an opportunity for advisors to discuss the importance of education

lass of university students using laptops in lecture

By starting a savings plan early, parents can reduce the burden of debt to pay for higher education

  • By: Leah Golob
  • July 11, 2018 October 14, 2019
  • 11:40
Piggy bank with money flat icon illustration

Budget 2018 extends a temporary measure to set up RDSPs in cases in which the capacity of the individual to enter into a contract is in doubt to the end of 2023

The transaction expands the distribution of the First Flex RESP across Canada with a sales force of more than 1,600 licensed representatives

  • By: Leah Golob
  • January 3, 2018 October 17, 2019
  • 11:20

Encourage parents with excess funds to maximize the tax-deferred or tax-free compounding in a child’s RESP by making an additional lump-sum contribution of $14,000

Contributing to post-secondary tuition builds confidence: poll

Having a probable career path and a plan to save for education can make a big difference

  • By: Leah Golob
  • September 1, 2017 January 29, 2018
  • 12:00

Despite concerns, only 35% take advantage of special education savings vehicles

IIROC reaches settlement with three former All Group reps

The regulator is concerned that Bouji’s father, who has been banned, remains actively involved in the businesses