Top 5 Hacks to Maximize Your Child’s RESP скачать в хорошем качестве

Top 5 Hacks to Maximize Your Child’s RESP

♦Top 5 Hacks To Maximize Your Child’s RESP♦ Many people are saving for their kids’ future education costs in an RESP. For some parents, it is a higher priority and they want to be able to maximize the benefits of an RESP - not just contribute the standard $2,500/year for each child. In my latest video I talk about the five hacks to maximize your child’s RESP. You’ll learn: • How much might a 4-year degree cost in 18 years? • Is it good for your child to pay for their education? • What asset allocation is best to maximize your child’s RESP? • What are the RESP contribution rules? • How do most parents contribute to their child’s RESP? • What are the top 5 hacks to maximize your child’s RESP? • What are the issues with using an In Trust For (ITF) account? • Should you use a Family RESP or individual RESP? Enjoy! Ed __________ ►Get FREE financial advice when you sign up for the Unconventional Wisdom newsletter from the #1 blog in Canada for a financial planner. We give you insights from experience on building financial security. Sign up here: https://www.edrempel.com __________ ⏰ TIMESTAMPS 00:00 | Introduction to Maximizing Your Child's RESP 01:13 | Estimating the Cost of a Four-Year Degree 02:33 | Should Your Child Pay for Their Education? 06:26 | Best Asset Allocation for RESP 08:07 | RESP Contribution Rules and Common Practices 10:55 | Top Five Hacks to Maximize Your Child's RESP 17:44 | Issues with Using an In Trust For Account 21:51 | Family RESP vs. Individual RESP 23:52 | Conclusion and Additional Resources __________ ♦ SAY HI ON SOCIAL MEDIA Facebook:   / edrempel1   LinkedIn:   / edrempel-fee-for-service-financialplanner-...   Twitter:   / edrempel   __________ Please like, share and comment if this video has been helpful to you! Thanks so much! Ed Rempel __________ Ed Rempel CPA, CMA, CFP is a financial blogger, fee-for-service financial planner and tax accountant with a ton of real life financial planning experience. He was awarded “Best Canadian Personal Finance Blog” by Expertido, and is the #1 financial blog in Canada for a financial planner on Hardbacon and Feedspot. For the past 28 years, he has assisted thousands of Canadians with creating real, professional, “interactive” financial plans that earn results. Ed is known for his financial strategies, such as the Smith Manoeuvre and Lifecycle Investing strategies. He is also particularly skilled with the 8-Year GIS Strategy, a strategy to help seniors qualify for larger government pensions using effective planning & investing.