Would You Like to See RDSPs Protected from Bankruptcy?

PLAN would! And we have until mid-July 2014 to do something about it. Industry Canada is currently conducting a public consultation on the Bankruptcy and Insolvency Act – and in the discussion paper, a proposal has been made to exempt RDSP...

PRESS RELEASE – BMO Calls for Improvements to the RDSP—marketwatch.com

BMO Financial Group today called for a national solution to help make opening a Registered Disability Savings Plan (RDSP) easier for those who may need assistance from a guardian, during a hearing of the Senate Banking, Trade and Commerce...

Tax Withholding on Payments From RDSPs—Canada Revenue Agency

Click on the following orange link  to download a copy of CRA’s RDSP taxation sheet and learn how government contributions and investment growth will be taxed in your RDSP. Also copied below. QSAs – Tax withholding on payments from...

What is a Registered Disability Savings Plan (RDSP)? – betterfinancial.ca

By opening an RDSP account, you may be able to receive up to $18,000 in free government grants. Read on to find out more! The Registered Disability Savings Plan (RDSP), is a tax-deferred savings account created by the Canadian...

BILL C-45 – “JOBS AND GROWTH ACT, 2012” – PART 1

AMENDMENTS TO THE INCOME TAX ACT AND RELATED REGULATIONS BUDGET 2012 MEASURES A. Registered Disability Savings Plans I. Registered Disability Savings Plans (RDSPs) – 10 Year Rule To provide greater access to RDSP savings for small withdrawals, this measure replaces...

Positive Changes for Registered Disability Savings Plans Proposed in Federal Budget—gailbebee.com

—By Gail Bebee— Lost in the maelstrom of federal budget coverage about raising the Old Age Security qualifying age to 67 were several important changes to Canada’s Registered Disability Savings Plan (RDSP). Many Canadians are not familiar with this program...

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,...

RDSP Barrier #7: Disability Tax Credit Eligibility

The Registered Disability Savings Plan (RDSP) was launched in December 2008 after a decade of community groups and government working together. The combination of individual/ family and government financial contributions into an RDSP helps people with disabilities to grow,...

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...