Canada Learning Bond
Definition
A bond which helps families with low incomes afford higher education. This is a grant for individual Registered Education Savings Plans (RESPs). It matches 20 to 40 percent of the first 500 dollars invested, for qualifying families, and 20 percent after that amount, up to 2,500 dollars for everyone. This bond was established in 2004.
Related Articles
- Different ETF Investing Styles *
- What Is a Capital Gain and What Does It Mean For My Taxes? *
- Analyzing Investments and Recording Transactions *
- Investing In Forex Options *
- Less Popular Types of Bonds *
- FAFSA Guide *
- Roth IRAs: Contributions, Withdrawals, Distributions etc. *
- Places to Buy a Car Other than Dealers *
Related Videos
http://www.businessdictionary.com/definition/Canada-Learning-Bond.html
