RRSP, PRPP, TFSA, RESP or RDSP?—Financial Post

The registered disability savings plan (RDSP) should really be the go-to registered vehicle for disabled Canadians and their families to not only enjoy taxdeferred investment compounding but to take advantage of significant government funds available, potentially retroactive to 2008,...

Raising a disabled child takes a village (and an RDSP) – The Globe and Mail

The adage about a village raising a child couldn’t be more apt for our family. Our urban neighbours are constantly on the lookout for our autistic and non-verbal 13-year-old son. The bagel shop knows him by name and he’s...

Family Finance: This breadwinner must keep on working-Financial Post

Sometimes a family’s breadwinner can’t retire, even at 65. An Alberta woman we’ll call Maeve is the principal support for her husband, whom we’ll call Tom, already 65, stricken with a progressive illness that will eventually reduce his mobility,...

Exempt the RDSP across all of BC’s disability supports (student loans, home care, child care and long-term care)

The Registered Disability Savings Plan (RDSP) was introduced by the federal government to assist people eligible for the disability tax credit to build an asset for the future. After tax savings in an RDSP are matched by up to...

Should the federal government allow rollovers of RESPs to RDSPs?

Families have asked about the ability to rollover an Registered Education Savings Plan to a Registered Disability Savings Plan almost since the RDSP was launched.  I’ve always assumed that it made sense to create such a provision.  Today I...

Harmonize trusts with the RDSP

Alongside the RDSP, trusts provide a way for families and individuals to build savings and manage assets. Trusts are managed by trustees and are set up for the benefit of an individual. Currently, there are 2 types of trusts...

Exempt family contributions from BC Disability Assistance eligibility

While the Registered Disability Savings Plan (RDSP) and trusts provide families with savings tools for the future, families still encounter barriers in assisting their relatives with disabilities in the present. In most provinces, providing money to a family member...

RDSP Resource Centre posts top 10 improvements for the RDSP

While preparing for the federal government RDSP Review currently underway, I have formulated my (first) top 10 list of reforms to improve the Registered Disability Savings Plan to make it more useful for Canadians. Read more.

Building Assets for People with Disabilities: From Welfare to Wealth British Columbia

We all dream of a good life. People who love us, a sense of belonging, a home to call our own, enough money to make ends meet and have some fun, a sense of purpose in our lives. The...

Treatment of RDSPs by the US Internal Revenue Service

People continue to be concerned about US tax liabilities of US citizens (including accidental US citizens) with RDSPs.  The RDSP Resource Centre is calling on the federal government to add the tax treatment of Registered Disability Savings Plan to...