Here’s an interesting piece from the Washington Post on possible versions of the RDSP being drafted in the US.
Equity for the Disabled
Tax-free savings accounts shouldn’t be reserved for children with college in their future.
Friday, June 13, 2008; Page A22
PARENTS WHO want help saving for their children’s college education enjoy generous tax breaks. Parents of disabled children, including children who have little or no hope of going to college, receive no such benefit to help defray the enormous extra costs their children may incur.
Several pieces of legislation have been introduced in Congress to create tax-free savings accounts for people with disabilities. In the Senate, one version is sponsored by Sen. Christopher J. Dodd (D-Conn.) and another by Sens. Robert P. Casey (D-Pa.) and Orrin G. Hatch (R-Utah). A version similar to the Casey-Hatch bill was introduced in the House last month by Rep. Ander Crenshaw (R-Fla.).
To read more click on this link: http://www.washingtonpost.com/wp-dyn/content/article/2008/06/12/AR2008061203874.html?referrer=emailarticle