RDSP Improvements from Budget 2012 Come Into Effect

Budget 2012 proposed a number of improvements to the RDSP, most of which have not come into effect until two days ago, on January 1, 2014. The changes are: Investment income earned in an RESP is now allowed to...

The RDSP: A valuable tool for individuals with disabilities and their families—Senator Doug Black

Introduced by the Government of Canada in 2008, the Registered Disability Savings Plan (RDSP) was the first of its kind in the world. It helps individuals with disabilities and their families plan and save for the future. Last week, the Standing Committee...

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...

Shanahan: Little-known tax credits are available for disabilities—The Montreal Gazette

Disability is not a fun topic, but it is one that is becoming a more likely reality for many families. Medical advances and increased life spans keep people alive but not always with the full mental and physical capacity...

Senate Committee Authorized to Study the Ability of Individuals to Establish a Registered Disability Savings Plan

On December 3, 2013, the Canadian Senate agreed to adopt the following motion: “That the Standing Senate Committee on Banking, Trade and Commerce be authorized to examine and report on the ability of individuals to establish a registered disability...

Some RDSP benefits people may not know about—The StarPhoenix

If you are disabled, have a social insurance number, reside in Canada and are under age 60, you qualify to open a Registered Disability Savings Plan (RDSP). You can take advantage of generous government assistance. $1,000 bond If you...

Deadline for RDSP contributions is Dec. 31—Will Carey

I want to inform you about a program offered by our government that I am finding most people are not aware of. It is called the Registered Disability Savings Plan. The number of accounts currently set up represents only...

RDSPs are confusing and underused, but if you are eligible they’re worth it—The Globe and Mail

If you’ve ever been chastised for not taking advantage of employer-matched RRSP contributions, which could effectively double your savings for free, then imagine the incredulity behind the lack of uptake on the potentially much larger savings afforded to those...

More RDSP(ect) please—CAPITALNEWSONLINE

Supporters of the Registered Disability Savings Plan (RDSP) are praising new government changes to five of the plan’s key areas, saying the new rules will make the program easier to use and encourage more participation. The changes deal with...

Canada’s disability savings fund called a ‘fiasco’—CBC News

Fewer than 1 in 6 of those eligible sign up for ‘onerous’ accounts   Evan Pennington, 8, suffers from severe spastic quadriplegia cerebral palsy. (Submitted by Frank Allen) _   For years, Frank Allen — founder and CEO of...