Tax season 2015: The disability tax credit and the push for fee limits—CBC News
Efforts underway to regulate consultants and improve the application process Mention the term “disability tax credit” to some people, and you’ll get an earful. It’s not worth enough, some say, or applying for it is too complex, or the...
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...
USA Considers Developing Their Own Version of the RDSP
US Senate Leaders Team Up to Back the Achieving a Better Life Experience (ABLE) Act. Washington, DC, USA – March 24, 2014. From www.ndss.org The ABLE Act has amassed the support of 68 cosponsors from the US Senate and...
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...
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...
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...
Senate Committee Authorized to Study the Ability of Individuals to Establish a Registered Disability Savings Plan
On December 3, 2013, the Canadian Senate agreed to adopt the following motion: “That the Standing Senate Committee on Banking, Trade and Commerce be authorized to examine and report on the ability of individuals to establish a registered disability...