Wealth Advisor
Tel:
705-741-2234
Fax:
705-741-6149
Toll Free:
800-787-4014
BMO Nesbitt Burns
311 George Street N
Peterborough, ON
K9J 3H3
Map
BMO Nesbitt Burns
Lansdowne Place
645 Lansdowne St. W.
Peterborough, ON
K9J 7Y5
A brief overview of the benefits of a Registered Education Savings Plan (RESP).
This article provides information on how, and when, to withdraw funds from an RESP, as well as information on qualifying educational institutions and programs. In situations where the RESP beneficiary decides not to pursue post-secondary studies or leaves before completing a qualifying program, the subscriber of the plan must decide what to do with the money that has accumulated in the RESP.
In an effort to help simplify your tax preparation efforts, we are providing you with a brief overview of the various tax slips and supporting documents you may receive from BMO, and their expected mailing dates.
This is a helpful resource summarizing important tax, retirement and estate planning information.
This is a good piece on Joint Tenants with Right of Survivorship.
Maximizing the value of your registered plans by making annual contributions to your Registered Retirement Savings Plan (“RRSP”), Tax-Free Savings Account (“TFSA”), and Registered Education Savings Plan (“RESP”) is an important wealth planning strategy. By making your annual contribution(s) early in the year, you’ll benefit from the tax-sheltered growth all year long.