A RESP grant question

[cfcact2008]

I have lot room to the $50,000 limit. If I contribute $30,000 this year, can I get $30,000*20%=$6,000 of grant this year?

 

[wu_ch]

No.

 

[timmy]

Maximum $5,000/year of eligible contribution with RESP grant

 

[ccc]

LZ的想法和楼上的说法，恐怕行不通。

不可以一揽子拿的。每年最多可以得到$500－$600的资助，总共最多可以得到$7,200...

所以，你得提早加入这个计划，且细水长流每年买$2,500上下（根据收入高低决定，目的是拿那$500－$600的资助），买上12-15年，才能得到$7,200。

Canada Education Savings Grant (CESG Grant for RESP)
Canada Education Savings Grant (CESG)

The Canada Education Savings Grant (CESG) is a special financial incentive for parents, family and friends to save for a child’s post-secondary education.
It provides people who invest in an RESP with a Basic CESG amount equal to 20% of yearly contributions, up to an annual maximum of $500 per eligible child, with a lifetime maximum of $7,200.
However, depending on your family income, your child could receive additional funds in the form of additional CESG:

• If your net family income is below $37,178†, the grant will be 40% for every dollar on the first $500 you save and 20% of the next $2,000 in your child’s RESP each year. That means you could receive up to $600 in CESG per year.
• If your net family income is between $37,178† and $74,357†, the grant will be 30% for every dollar on the first $500 you save and 20% of the next $2,000 in your child’s RESP each year. That means you could receive up to $550 in CESG per year.

Family income is not a criteria to receive the Basic CESG of 20% on the first $2,500 of annual contributions in an RESP. No matter which CESG formula you qualify for, the CESG lifetime limit for each child remains $7,200...

 

[cfcact2008]

LZ的想法和楼上的说法，恐怕行不通。

不可以一揽子拿的。每年最多可以得到$500－$600的资助，总共最多可以得到$7,200...

所以，你得提早加入这个计划，且细水长流每年买$2,500上下（根据收入高低决定，目的是拿那$500－$600的资助），买上12-15年，才能得到$7,200。

开始我也是这样想的可。是看了这个 http://www.four-pillars.ca/2007/10/09/resp-contributions/ 又好像不止$500－$600似的。

1 = Number of previous year’s worth of grant-eligible contribution room which can be carried forward to the current calendar year. Basically this means that for any given year, the maximum amount of grant-eligible contribution room is the amount that is allocated for that year ($2500 starting in 2007) plus the grant-eligible contribution room unused from a previous year.

那位有这方面的个经验啊。

 

[ccc]

开始我也是这样想的可。是看了这个 RESP Contribution Rules and Limits For 2008 又好像不止$500－$600似的。

1 = Number of previous year’s worth of grant-eligible contribution room which can be carried forward to the current calendar year. Basically this means that for any given year, the maximum amount of grant-eligible contribution room is the amount that is allocated for that year ($2500 starting in 2007) plus the grant-eligible contribution room unused from a previous year.

那位有这方面的个经验啊。

不矛盾啊。一个说的是你可以总共买多少（$50,000)，一个说的是你总共可以领取多少政府补贴($7,200)，另外是说，你可以追加前三年没有买的计划（换句话说，你可以退回去领取前三年的补贴：每年$500-$600）。

我以为，买RESP是为孩子存点钱将来上大学用。但主要的目的是得到应该享受的政府补贴。所以，以能拿到最高额度$7,200为目的，没有必要买过多。否则，自己在银行存款就是了。另外，有多余的钱，可以提前付清房屋贷款呢。

 

[cfcact2008]

Maximum $5,000/year of eligible contribution with RESP grant

今天去问了TD Bank。确认了这个说法是最准确的。换个讲法 - 每年可得的 Maximun grant 是 $1,000

 

[ccc]

今天去问了TD Bank。确认了这个说法是最准确的。换个讲法 - 每年可得的 Maximun grant 是 $1,000

谢谢！

要么是我的理解有错误，要么是网上说得不明确。

那么，想确认一下，一个孩子最后总共可以得到多少政府的资助？

 

[ccc]

谢谢lungao！

我不清楚这么多细节。看来，细水长流是对的。：－）