Questions tagged [education-savings]

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How much can you have in TFSA without losing any OSAP?

Plz see beneath. Just $3600 for 2019-2020 school year!!?!!? This is too niggling and half-baked! What if student is living away from home? Accomodation and private rent cost way more! What if US or ...
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529 deduction recapture on non-qualified distributions of contributions over the deduction limit

According to MGL Chapter 62 § 3, the 529 deduction works as follows (19) An amount equal to the amount expended in the taxable year for the purchase of an interest in, or the amount contributed in ...
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How do I open an RESP account where I am both the subscriber and the beneficiary?

I am located in Canada and am trying to open an RESP account where I am both the subscriber and the beneficiary. The government of Canada website says I can open an RESP for myself here. I’ve called ...