🚀 go-pugleaf

RetroBBS NetNews Server

Inspired by RockSolid Light RIP Retro Guy

Article View: ott.education.misc
Article #39

Re: RESPs (was Re: Tax saving example)

#39
From: Donald McLachlan
Date: Fri, 21 Aug 1998 00:00
21 lines
1467 bytes
> So, what do you think? Should parents try to scrimp and save for 
> kids� education?

From your example and presuming one "has" so their children are not
elligible for student loans, and you are going to help them anyway, yes.

If you are going to put money towards their education anyway, why not
take advantage of the tax break?

A strange thought but can one put money into an RESP and then quit their job
and go back to school and fund it from the RESP? 

Don

--- 
Donald McLachlan			e-mail	Donald.McLachlan@crc.ca
Communications Research Centre / DRX	office	613-998-2845
3701 Carling Ave.,			fax	613-998-9648
Ottawa, Ontario
K2H 8S2
Canada
Technical Details
Message-ID: <6rk11j$adm$1@crc-news.crc.ca>
Path: arc1-ca.pugleaf.net!unknown!not-for-mail
References: <6rjvib$840@freenet-news.carleton.ca>

Show Full Headers
Complete Article Headers
X-Google-Language: ENGLISH,ASCII
X-Google-Thread: fc3d0,30578bc783b3afd7
X-Google-Attributes: gidfc3d0,public
X-Google-Thread: 111a4f,30578bc783b3afd7
X-Google-Attributes: gid111a4f,public
X-Google-Thread: f64a0,379c557190e3cb67
X-Google-Attributes: gidf64a0,public
X-Google-Thread: 104a80,3c639d4aa145d68a
X-Google-Attributes: gid104a80,public
X-Google-Thread: fb374,30578bc783b3afd7
X-Google-Attributes: gidfb374,public
From: don@mars.dgrc.doc.ca (Donald McLachlan)
Subject: Re: RESPs (was Re: Tax saving example)
Date: 1998/08/21
Message-ID: <6rk11j$adm$1@crc-news.crc.ca>
X-Deja-AN: 383358386
References: <6rjvib$840@freenet-news.carleton.ca>
Organization: CRC
Reply-To: don@mars.dgrc.doc.ca
Newsgroups: ott.education.misc,can.politics,ont.general,ott.general,can.taxes