RESP – definition, contribution room and deadlines

What is an RESP? A registered education savings plan (RESP) is a contract between an individual (the subscriber (usually a parent)) and a person or organization (the promoter). Under the contract, the subscriber names one or more beneficiaries (the future … Read More


RRSP Deadline, Contribution Limit & Tax Consequences

What is an RRSP? An RRSP (Registered Retirement Savings Plan) is a retirement savings plan that you establish/register to which you or your spouse or common-law partner contribute.  RRSP contributions can then be used to reduce your tax obligation to … Read More