EAP

halifax2.110mb.com

New Member
Jul 17, 2006
1
0
1
www.halifax2.110mb.com
What is an EAP?
An EAP is a distribution from the RESP to finance the cost of the beneficiary's post-secondary education. The distribution is made from the RESP's accumulated income and government grants such as Canada Education Savings Grants (CESGs).


So, when they write accumulated icome, does this include the contribution you made or only what you gained??

Thanks, this is very important for me to know it
 

Kreskin

Doctor of Thinkology
Feb 23, 2006
21,155
149
63
It does not include the contribution made.

On a side note you will have issues with this profile name as it is considered advertising.