PLAN Urges the Federal Government to Make RDSPs Safe from Creditors

PLAN Letter to Paul Halucha, Director-General, Marketplace Framework Policy Branch, Industry Canada Re: Exempt RDSP Assets from Insolvency Proceedings   Dear Mr. Halucha, Twenty-five years ago, Planned Lifetime Advocacy Network (PLAN) was started by a group of families who had a single...

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...

Budget 2012 Announces Improvements to the RDSP—Joel Crocker

After much coordination and discussion with families, individuals, a community of disability organizations and the federal government—all leading up to the 3-Year RDSP Review—Finance Canada released their budget yesterday which included a number of RDSP changes. PLAN would like...

The RDSP Resource Centre’s Top 10 List for reforming the RDSP

The RDSP Resource Centre's Top 10 List for reforming the RDSP

PLAN’s Submission to Finance Canada’s RDSP Three-Year Review

A Three-Year Review of the RDSP Between October 21 and December 16, 2011, the Government of Canada held a formal Review of the Registered Disability Savings Plan to ensure that the savings plans continue to meet the needs of...

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.

Five reasons for a person in their 50s to open an RDSP

People who are 50 and older often believe that it’s not worth opening and contributing to a Registered Disability Savings Plan. This belief is often reinforced by professionals and or support workers. It is not always true. There are a...

RDSP #1 Barrier: The 10-Year Rule

From December 2008 to December 2010, Canadians opened 41,060 RDSP’s, which represents only 9% of the eligible population. So why have the existing 91% of Canadians not accessed the RDSP? Throughout the summer, we’ve been discussing the possible barriers...

RDSP #2: RDSP Government Contribution (Grants & Bonds) Age Limit

The age limit to receive a RDSP grant and/or bond was indentified by families as the second most challenging barrier to the RDSP. Individuals with an RDSP don’t qualify for the government grants or bonds if they are over 49...

RDSP Barrier #3: Emergency Withdrawals

Throughout our “Top Ten RDSP Barriers” series, we often compare the RDSP to similar savings vehicles such as RRSP’s or RESP’s.  For the most part, this comparison serves us well and exposes the inequities between disability and non-disability related...