Tax Talk: get some RESPect

NNSL- February 5, 2018

The best way to pay for your child’s post-secondary education is by funding a Registered Education Savings Plan (RESP). This federal program was created in 1974 to entice parents to save for their children’s education. The program had two nifty tax features – tax deferral and income splitting. You achieve tax deferral because taxes are…

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