Chuck & Ellen have 2 young children, 1- and 2-year-old and want to start saving for their education. They estimate they will be able to save 30000 for each child by contributing $10000 each year. What is the best way for them to optimize the CESG?

 

          a.      

Deposit $3000 per year for 20 years into RESP

 

          b.      

Deposit $10000 per year for 6 years into RESPs

 

          c.      

Deposit $5000 per year for 12 years into RESP

 

          d.      

Deposit $6000 per year for 10 years into RESPs