Senate Releases List of Improvement Recommendations on the RDSP

The Standing Senate Committee on Banking, Trade and Commerce held a series of community meetings from December 2013 through February 2014 to study  the ability of individuals to establish an RDSP with particular emphasis on legal representation, and the ability...

RDSP Research participants needed

The Government of Canada is conducting a study about governmentprograms for persons with disabilities and issues related to saving forthe future.If you or your immediate family member with a disability is in receipt of the federal Disability Tax Credit,...

A powerful tool for disabled people—MoneySense

Money can grow quickly inside a Registered Disability Savings Plan (RDSP). The chart at right looks at an individual who puts $1,500 annually into an RDSP. (You can also contribute on behalf of a disabled person.) If the person...

Ottawa simplifying RDSP program—Financial Post

Ottawa simplifying RDSP program Garry Marr Mar 29, 2012 – 2:36 PM ET | Last Updated: Mar 29, 2012 4:20 PM ET Ottawa is making some key changes to the Registered Disability Savings Plan which will make it easier to open accounts...

Protecting Disability Benefits—Dustin Marnell, Associate with Horne Coupar

Caregivers providing assistance to persons receiving provincial disability benefits may be unaware that those benefits could be at risk. A person entitled to receive an inheritance or personal settlement may become ineligible for future disability benefits. This article will...

Family Finance: This breadwinner must keep on working-Financial Post

Sometimes a family’s breadwinner can’t retire, even at 65. An Alberta woman we’ll call Maeve is the principal support for her husband, whom we’ll call Tom, already 65, stricken with a progressive illness that will eventually reduce his mobility,...

Exempt the RDSP across all of BC’s disability supports (student loans, home care, child care and long-term care)

The Registered Disability Savings Plan (RDSP) was introduced by the federal government to assist people eligible for the disability tax credit to build an asset for the future. After tax, savings in an RDSP are matched by up to...

Harmonize trusts with the RDSP

Alongside the RDSP, trusts provide a way for families and individuals to build savings and manage assets. Trusts are managed by trustees and are set up for the benefit of an individual. Currently, there are 2 types of trusts...

Exempt family contributions from BC Disability Assistance eligibility

While the Registered Disability Savings Plan (RDSP) and trusts provide families with savings tools for the future, families still encounter barriers in assisting their relatives with disabilities in the present. In most provinces, providing money to a family member...

Building Assets for People with Disabilities: From Welfare to Wealth British Columbia

We all dream of a good life. People who love us, a sense of belonging, a home to call our own, enough money to make ends meet and have some fun, a sense of purpose in our lives. The...