Point Form 5 RDSP Updates
For quicker reference, here are the improvements to the RDSP from this year’s Federal Budget – 1.) Expansion of the definition of who may be an adult beneficiary’s plan holder to include the beneficiary’s spouse, common-law partner, or parent....
Budget 2012 Announces Improvements to the RDSP—Joel Crocker
After much coordination and discussion with families, individuals, a community of disability organizations and the federal government—all leading up to the 3-Year RDSP Review—Finance Canada released their budget yesterday which included a number of RDSP changes. PLAN would like...
What should I watch out for when I invest in an RDSP?—AboutMoney.ca
Often when you save and invest money, there may be some risk that you’ll lose money. When you invest in a Registered Disability Savings Plan (RDSPs), you may also face certain risks. The three most common risks are: Investment...
Tax News: New Rules on Disability Assistance Payments from Registered Disability Savings Plans—Knowledge Bureau
Breaking News Part 1 Canada Revenue Agency recently released new rules concerning Registered Disability Savings Plan (RDSP) and the taxation of withdrawals from the plan. In a five-part series, Knowledge Bureau Report will examine RDSPs and explore the tax implications...
Maximize RDSP Carry Forwards—Freedom 55
Registered Disability Savings Plans (RDSPs) were first introduces in 2008 to help people with disabilities and their loved ones save for their long term financial security. The RDSP was heavily modelled after the RESP, which helps parents save for...
RDSP Contributions and transfers—AboutMoney.ca
Learn about the rules for making contributions and transferring between RDSPs Making RDSP contributions Anyone can contribute to an RDSP until the end of the year in which the beneficiary turns age 59. Here’s what you need to know:...
Where to open an RDSP —RDSP Resource Centre
Many of you are calling and emailing to ask where to open your Registered Disability Savings Plan. You can now open your RDSP at most major financial institutions and many independent financial planners or investment advisors. We have updated...
Registered Disability Savings Plan (RDSP)—SOMEONELIKEME.CA
In 2008, the federal government created the Registered Disability Savings Plan, which provides those with disabilities to have access to an incredible amount of government funding without affecting any provincial funding that they may receive. I have a number...
Frequently Asked Questions About the RDSP—Global Securities Corporation
What is a Registered Disability Savings Plan (RDSP)? A Registered Disability Savings Plan (RDSP) is a registered saving plan that is intended to help parents and others to save for the long-term financial security of persons with severe or prolonged...
7 new tax rules that could save you money—CBC News
Don’t get caught by tax changes There aren’t any major new tax-saving initiatives that apply to the 2011 tax return, but there are some new wrinkles and goodies to be aware of. (Adrian Wyld/Canadian Press) You’re ready. You’re sitting...