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In this MoneyTalk Minute, Kim Parlee details some key things grandparents might consider when opening an RESP for any child.
New scams are emerging everyday, and they don’t just target the elderly. While it can be hard to keep up with all the ways that criminals are trying to part us from our money, staying informed about cybercrime can help you know it when you see it. Here are some of the latest frauds to keep an eye out for.
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Rowena Chan, head of Financial Planning at TD Wealth, and Avni Shah, a research fellow in Behavioural Economics at the Rotman School of Management and assistant professor at the University of Toronto, Scarborough Campus, discuss women and money.
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An RESP can help fund a child’s education. But people over 71 may face tax implications if the child quits school and the fund is closed. Kim Parlee highlights a few things to keep in mind.
Grandparents naturally want to help their grandchildren get a good education; is opening a separate RESP really the best option?
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