Tax Strategies

Tax Managed Investing – Strategy #9

RESPS no longer just for kids

When most people think of Registered Education Savings Plans (RESPs), they think of an educational savings plan for children. Did you know that RESPs are a great savings plan for adults too?

In fact, self-funded RESPs are a smart investment for individuals who are planning on going back to school(ie for a change in career or retirement studies), or can even be used as an income splitting tool.
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