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Contributing to an RESP

Under proposed changes, you will be able to make contributions for a beneficiary only if:

  • the individual’s SIN is provided to the promoter before the contribution is made and the beneficiary is resident in Canada; or
  • the contribution is made by way of a transfer from another RESP under which the individual was a beneficiary immediately before the transfer.

Topics for Contributing to an RESP

Contribution limits
Tax on overcontributions
Exceptions
Date Modified: 2007-01-02

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