Dispelling the Myths #1: RDSP Income and Disability Income Benefits

I am shocked at the number of people – families, lawyers, financial planners – who still think that receiving funds from an RDSP will affect a person’s provincial disability income benefits. Let’s be clear about the facts: In BC,...

2010 Federal Budget Personal Tax Changes – Impact on Families affected by Disability

2010 Federal Budget Personal Tax Changes -Impact on Families affected by Disability By Ability Tax Group – abilitytax.ca Increase in Personal Amount Exemptions The basic personal amount exemption has been increased to $10,382 in 2010. If you had no...

Top 10 Reasons to Open an RDSP

1. Receive up to $70,000 from the federal government in matching contributions. The federal government has implemented the Canada Disability Savings Grant program to assist Canadians with disabilities to save for their futures. The federal government will contribute up...