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Old 07-25-2014, 09:24 AM   #49
Slava
Franchise Player
 
Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by kl83 View Post
We are planning to put $2500 a year (208.33/month) into this plan. Am little biased since I sell the product. Main advantage is education bonus of up to 15% of the contributions to the RESP will increase the income paid as Educational Assistance Payments (EAPs) to go along with any the fund and any growth plus the grants.

http://www.inalco.com/pdf/particuliers/13-441A.pdf
I flipped through the PDF, but I am curious, how does the "up to 15%" bonus work? I didn't catch what that is based on.
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