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RESP definition

RESP means a registered education savings plan within the meaning of the Tax Act; “RRIF” means a registered retirement income fund within the meaning of the Tax Act; “RRSP” means a registered retirement savings plan within the meaning of the Tax Act;
RESP means a registered education savings plan as defined in the Tax Act.

Examples of RESP in a sentence

  • If property is transferred to the Plan from another RESP and the other RESP was entered into before the Plan, then the Termination Date cannot be later than the last day of the 35th year following the year in which the other RESP was entered into.

  • If an amount is transferred to the Plan from another RESP and the other RESP was created before the Plan, then contributions cannot be made to the Plan after the 31st year following the year in which the other RESP was entered into.

  • Activity code any activities that are summary in nature after the first 90 calendar days with Bid Item (CLIN) code (BIDI), Responsibility Code (RESP) and Feature of Work code (FOW).

  • Activity code any activities that are summary in nature after the first 90 calendar days with Responsibility Code (RESP) and Feature of Work code (FOW1, FOW2, FOW3).

  • Each Subscriber agrees that he/she is responsible for ensuring that the total of all contributions made in respect of the Beneficiary, other than contributions made to the Plan by way of transfer from other registered education savings plans, will not exceed the RESP Lifetime Limit imposed by the Applicable Legislation from time to time.


More Definitions of RESP

RESP means an education savings plan that has been and, at the relevant time is, registered under the Tax Act.
RESP means a “registered education savings plan” as defined under the Tax Act. “RRIF” means a “registered retirement income fund” as defined under the Tax Act. “RRSP” means a “registered retirement savings plan” as defined under the Tax Act.
RESP means a trust governed by a registered education savings plan, as defined in the Tax Act. “RRIF” means a trust governed by a registered retirement income fund, as defined in the Tax Act. “RRSP” means a trust governed by a registered retirement savings plan, as defined in the Tax Act.
RESP means a trust governed by a registered education savings plan, as defined in the Tax Act;
RESP means a registered education savings plan, as defined in the Tax Act. “RRIF” means a registered retirement income fund, as defined in the Tax Act. “RRSP” means a registered retirement savings plan, as defined in the Tax Act.