Quote:
Originally Posted by Slava
Well you could invest the $27,500 and then move it in gradually to get all the grants over the coming years. That would give you the same compounded return, but more grant money.
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If you invested $27,500 in a non registered account and then move $2500 each year to maximize the grant money, what tax event would you trigger? My understanding is the tax free gains in a RESP thru the life of the plan and if it was in a non registered account there will be capitals gains with the transfer and the compounding return