Registered Disability Savings Plans a boon to disabled—Financial Independence Hub

By Candice Bergen, Minister of State for Social Development Special to the Financial Independence Hub If you have a disability or if you have a child with a disability, you should know about the Registered Disability Savings Plan (RDSP)....

Registered disability savings plans: Why don’t more have them?—CBC News

RDSPs have financial benefits even for those who don’t make contributions In the six years since registered disability savings plans (RDSPs) first appeared, the number of accounts has been steadily growing, reflecting the potential these plans have to make...

Point Form 5 RDSP Updates

For quicker reference, here are the improvements to the RDSP from this year’s Federal Budget – 1.) Expansion of the definition of who may be an adult beneficiary’s plan holder to include the beneficiary’s spouse, common-law partner, or parent....

‘Tis this season to maximize deductions— Winnipeg Free Press

As another tumultuous year draws to a close, let’s try to save you some tax money for 2011. Dec. 31 is the deadline for deductible business expenses, which mostly relates to commission salespeople and to business owners. Corporate tax...

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...

Being disabled does not mean living in poverty – planning for my son’s future

By Matthew Quetton, CEO, PLAN Truthfully, I am terrible with money; great at spending it, terrible at saving it. When I met with a financial planner for the first time last year I realized just how much I was...