The RDSP: Rosie’s Story

.   For RDSP awareness month, we asked someone with an RDSP to share their experience. This is what they had to say.   At 34 years old my life completely changed I was a university graduate who was...

Why Connecting Patients with the DTC & RDSP Matters: A Physician’s Perspective

  A 48 year old with multiple sclerosis, a 24 year old with leukemia, an 18 year old with Down’s Syndrome, a 35 year old with recurrent bouts of severe depression. These are all patients of mine, each one...

Everyone Should Be Talking About Disability Poverty

by Michelle Hewitt, Co-Chair, Disability Without Poverty This month, everyone is talking about the Registered Disability Savings Plan (RDSP) – and so they should! Since its creation in 2008, the RDSP has been at the forefront of looking after...

Ask an Expert – RDSP Live Q & A

Join us for a free RDSP Ask an Expert event with Laura Mackenrot. Wednesday, October 20th at 10 AM PST. Click here to register here.

RDSPs and Uncle Sam: What you need to know

    The United States is known for many things: American football, Hollywood, and fast-food, to name a few. However, one thing it is increasingly becoming infamous for is the way it taxes its people. U.S. taxation is based...

Budget 2021 – The RDSP, DTC and the Canada Disability Benefit

On April 19th, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, released Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience. Within the budget there are some exciting mentions related to the Canadian Disability Benefit as...

The RDSP has its limits – did you know that they don’t reset?

If you have a Registered Disability Savings Plan (RDSP), know somebody who does, or are thinking about opening one, you may already be familiar with the contribution limits for the RDSP.  Every RDSP can receive up to $200,000 in...

Federal government moves ahead with relief for RDSP holders who lose DTC eligibility

This information is an excerpt from the SUPPORTING CANADIANS AND FIGHTING COVID-19: FALL ECONOMIC STATEMENT 2020 Budget 2019 proposed changes to the Registered Disability Savings Plan (RDSP) regime for beneficiaries with episodic disabilities. These proposed changes include removing the...

Withdrawing from an RDSP

This article was written with the assistance of Dan McDonald. Dan is a former accounting professor at Simon Fraser University and facilitates Plan Institute’s RDSP Level 2 webinars. Thanks to Dan for his comments and assistance. The RDSP is...

Losing Disability Tax Credit (DTC) Eligibility

It is not uncommon for individuals to lose DTC eligibility for a period of time; many people are only approved for the DTC for a certain number of years, even those who have permanent conditions. The CRA periodically checks...