Question: What is the maximum lifetime contribution limit for an RESP? 1 point $25,000 $50,000 $75,000 $100,000 Contributions to an RESP are tax-deductible. 1 point True

What is the maximum lifetime contribution limit for an RESP? 1 point $25,000 $50,000 $75,000 $100,000 Contributions to an RESP are tax-deductible. 1 point True False Investment income earned in an RESP is tax-free until withdrawn. 1 point True False Which of the following is NOT considered employment income? 1 point Salary Self-employment income Bonuses Tips You can use your RRSP to fund your education through the Lifelong Learning Plan (LLP) 1 point True False

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