RESP's: Free Documents From ARG
For most new grandparents, aged 55 to 80 years of age, Registered Education Savings Plans (RESPs) were not fully utilized when their children attended post-secondary education.
Not only has the cost of university risen sharply, but so has the importance of graduating with a marketable skill and knowledge set. In 2016/2017 the cost of tuition, books, supplies, residence and travel for a student in an undergraduate program at a Canadian public university is approximately $20,000 per year.For grandparents who want to conscientiously pass wealth between generations, opening and contributing to an RESP on behalf of their grandchildren is an excellent choice.
YOU WILL RECEIVE: RESP's and Grandparents
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