Should the holdback amount deter you from opening an RDSP?

I have spoken to people who seem willing to walk away from more than $40,000, even when no personal investment is necessary: this is the situation when one receives the Canada Disability Savings Bond only into an RDSP and...

The RDSP and future financial security for children in care

One of the public policy questions that emerged shortly after the launch of the RDSP at the end of 2008, was: “Who should act as account holders of RDSPs of children in care once they become adults?” Children in...

New RDSP products available from HRSDC!

From the Federal Government’s RDSP Grant, Bond and Outreach Team: “It is a pleasure to announce another new feature to our website – videos about the Registered Disability Savings Plan (RDSP), the Canada Disability Savings Grant and the Canada Disability Savings...

U.S. citizens living in Canada|Canadian citizens living in U.S.

We have had several questions recently relating to citizenship and residency and the Registered Disability Savings Plan (“RDSP”). As you may have heard in the media recently, the U.S. Internal Revenue Service (“IRS”) is paying more attention to Americans...

RDSP #1 Barrier: The 10-Year Rule

From December 2008 to December 2010, Canadians opened 41,060 RDSP’s, which represents only 9% of the eligible population. So why have the existing 91% of Canadians not accessed the RDSP? Throughout the summer, we’ve been discussing the possible barriers...

RDSP #2: RDSP Government Contribution (Grants & Bonds) Age Limit

The age limit to receive a RDSP grant and/or bond was indentified by families as the second most challenging barrier to the RDSP. Individuals with an RDSP don’t qualify for the government grants or bonds if they are over 49...