Quote:
Originally Posted by yyjvisitor
Is a Lump Sum or Annual Contributions Better for an RESP?We decided to lump sum $30000 the first year and contribute $2500 yearly until we reach the maximal contribution amount.
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Assuming you don't have six kids, you won't receive all of the grants with that kind of lump sum. As far as I know (unless it's been changed) the maximum grant is $1000 per year, per child.