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...

RDSP Barrier #6: Inability To Appoint a New Beneficiary

What happens to the money in a RDSP if plans change? Unlike the Registered Retirement Savings Plan (RRSP) or the Registered Educational Savings Plan (RESP), an RDSP may only name one beneficiary and it can never be transferred to...