PLAN’s Chair Responds to Election Promises
As a family member, I welcome Prime Minister Harper’s two election announcements today: 1) To allow the proceeds of RRSPs or RRIFs to be rolled over to the RDSP of a son, daughter or grandchild with a disability, 2) To...
RDSP – Issuer Agreements and FAQs
For anyone who is interested, the Canadian Revenue Agency came out with a webpage which provides a template of what issuers (financial institutions) might use for drafting agreements with anyone wanting to sign up for an RDSP. This “sample...
Review of the Registered Disability Savings Plan
I thought it might be useful to run through a quick review of the Registered Disability Savings Plan. I find it very easy to get caught up in all the small details surrounding the RDSP, and as such, will...
Saskatchewan Exempts the RDSP
Exciting news! Yet another province has decided to exempt the RDSP from affecting Disability Benefits. Saskatchewan put out a news release earlier today from the Ministry of Social Services indicating that the RDSP will not affect the calculations for...
RDSP – Election Impact
With the serious possibility of an election in the Fall many people are wondering whether this will impact the launch of the RDSP in December. There are a few reasons why the upcoming election should not concern people who...
TOP 10 Reasons Provinces/Territories Should Exempt the RDSP as an Asset and Income
Not including BC, Newfoundland and Yukon (who have all already exempted the RDSP), many provinces/territories are in the midst of deciding how the RDSP will affect someone who is receiving Disability Benefits. We decided to put together a Top...
Provinces and the RDSP – Globe and Mail article, “Our disability welfare system needs rebuilding”
If you are interested in what is happening in the provinces there was a really interesting article in the Globe and Mail today written by Andre Picard. It is all about the RDSP and the need for provinces to...
Federal Update on the RDSP
It still looks like things are moving along and that the RDSP will become available in December of this year. The Federal Government is on track to be prepared for the launch and are currently dealing with the Financial...
The RDSP Calculator has arrived!!!
PLAN is proud to announce the launch of the new online RDSP Calculator (Version 1.0). Now available, this calculator helps you project the estimated future value of an RDSP, and will help determine how it can enhance the quality...
Yukon Exempts the RDSP
Yukon is the first Territory in Canada to exempt the RDSP . They recently published a new version of the Yukon Social Assistance Regulations. In these regulations they have exempted the RDSP as an asset and indicated that it...