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1. respective.
2. respectively.
3. respelled; respelling.
References in periodicals archive ?
The website which boasts a colorful and modern design promises quick access to vital information on RESPs and is part of the company's ongoing efforts to enhance the availability and quality of information to all its members and potential subscribers in Canada.
For specific questions about the RESP or EECLP programs, contact Titilayo Ogunyale at: Titilayo.
Knowledge First Financial has been a leading provider of RESP consultation and guidance for 50 years.
Getting a head start on saving by opening an RESP when your child is born will help.
An RESP is a tax-sheltered account that allows money to be accumulated solely for post-secondary education.
There are several types of RESP options available: non-family plans, that can have only one beneficiary; family plans, what can have one or more beneficiaries, although the beneficiaries must be related to the subscriber or subscribers, either through birth or adoption; and group plans, which are usually offered by foundations, which administer each RESP as part of a group.
Effective January 1, 1998, the Federal Government will contribute a grant equal to 20% (maximum $400 per child) on the first $2000 annual contributions directly to the subscriber's RESP.
The study also found that 84% of Canadian students without an RESP wish they had one.
The new rules brought in by the federal budget of February 20, 1990, have reduced the tax benefits associated with RESPs, on the premise that the government wanted to ensure that the tax-assisted savings associated with an RESP bears a reasonable relationship to the costs of post-secondary education.