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...

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...

Law Commission of Ontario Research Effort Launched

The Ontario government has asked the Law Commission of Ontario to look into how more people with mental and developmental disabilities could use the federal Registered Disability Savings Plan without costly assessment tests. The RDSP is a savings program...

Opportunity to Participate in an RDSP Study

RESEARCH PARTICIPANTS NEEDED Are you a person with a disability or the immediate family member of a person with a disability? The Government of Canada is conducting a study about government programs for persons with disabilities and issues related...

Help Us Improve the RDSP Calculator!

The PLAN RDSP Calculator was developed in 2008 as a way to help Canadian families determine the estimated future value of their Registered Disability Savings Plan. In a few quick steps, anyone can estimate the amount of Grant and...

Disabled ill informed about registered savings plans

  RDSPs have financial benefits even for those who don’t make contributions By Tom McFeat, CBC News Only about 11 per cent of the estimated total of 550,000 Canadians who are eligible for an RDSP have opened an account. (iStock)  ...

BC Confirms RDSPs will Not Affect Disability Income

On January 30, 2013, the Ministry of Social Development (MSD) in British Columbia clarified how payments out of an RDSP will be treated. All provinces and territories have stated that money held within an RDSP will not affect disability...

Statement of Entitlement to RDSP Holders—from the Government of Canada

In the coming months, a Statement of Entitlement (SoE) will be sent to all RDSP holders. This annual mail-out was implemented last year. The SoE provides important information about the amount of grants and bonds that an RDSP beneficiary is...

RDSP, Grant and Bond Quick Facts—HRSDC

What is the Canada Disability Savings Grant (Grant)? It is an amount paid based on contributions deposited into a Registered Disability Savings Plan (RDSP). If the beneficiary’s annual family income is less than or equal to $85,4141, the Government...

So, where are we at with the recent RDSP updates?

When the RDSP was first launched in December 2008, a review was scheduled to happen in three years’ time. Indeed, one year ago the Federal Government was busy working with PLAN and many others across the country to look...