How much should I put in my RDSP?—moneysense.ca
Patricia, 27, has type 1 diabetes and qualifies for the disability tax credit. Here’s how she should spread the money between her RRSP, RDSP and TFSA By Jason Heath, CFP Q: I have $50,000 saved up and I’m adding to...
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...
RDSP: A path to prosperity—Dave Hodges—MoneySense.ca
If you or a loved one has a disability, the RDSP could be the perfect way to secure a solid financial future. As the single mother of a disabled daughter, 52-year-old Mississauga resident Rita Kerkmann worries about what will...
Too many hurdles to disability savings plan, Senate committee says—Jordan Press—Ottawa Citizen
OTTAWA — The Senate’s banking committee says the federal government has to do more to remove hurdles for Canadians to start aRegistered Disability Savings Plan (RDSP), and do a better job of advertising the under-utilized program. Issues with the six-year-old...
PERSONAL FINANCE: It’s time to take advantage of the disability savings plan—Julie Shea—thespec.com
I love free money, especially when it is the government’s money. That is why I was surprised to discover that I was unaware of a program that could possibly provide up to $90,000 in free money to eligible candidates....
RDSP Improvements from Budget 2012 Come Into Effect
Budget 2012 proposed a number of improvements to the RDSP, most of which have not come into effect until two days ago, on January 1, 2014. The changes are: Investment income earned in an RESP is now allowed to...
The RDSP: A valuable tool for individuals with disabilities and their families—Senator Doug Black
Introduced by the Government of Canada in 2008, the Registered Disability Savings Plan (RDSP) was the first of its kind in the world. It helps individuals with disabilities and their families plan and save for the future. Last week, the Standing Committee...
PRESS RELEASE – BMO Calls for Improvements to the RDSP—marketwatch.com
BMO Financial Group today called for a national solution to help make opening a Registered Disability Savings Plan (RDSP) easier for those who may need assistance from a guardian, during a hearing of the Senate Banking, Trade and Commerce...
Shanahan: Little-known tax credits are available for disabilities—The Montreal Gazette
Disability is not a fun topic, but it is one that is becoming a more likely reality for many families. Medical advances and increased life spans keep people alive but not always with the full mental and physical capacity...