PREX-1060A Exam Dumps
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| Certification Provider: | Humber College |
|---|---|
| Exam Code / Number: | PREX-1060A |
| Exam Name: | Exam 4: Invigilated Theory Exam |
| Exam Questions: | 108 |
| Last Updated: | Jun 20, 2026 |
| Corresponding Certification: | RESP Pre-Registration Phase |
(359 Up Votes)Humber College PREX-1060A Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Withdrawals and Distributions | 15% | - Impact on grants - Tax treatment - Educational vs non-educational withdrawals |
| Topic 2: Plan Administration and Compliance | 10% | - Responsibilities of providers and subscribers - Plan termination rules - Reporting requirements |
| Topic 3: Contribution Rules and Limits | 25% | - Annual and lifetime contribution limits - Excess contributions and penalties - Carry-forward provisions |
| Topic 4: Government Grants and Incentives | 20% | - Canada Education Savings Grant (CESG) - Canada Learning Bond (CLB) - Provincial programs |
| Topic 5: RESP Fundamentals | 30% | - Basic rules and regulations - Definition and purpose of RESP - Key parties involved |