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...
Protecting RDSPs and RESPs from Bankruptcy Seizure—MLA Andrew Weaver
How many of us plan for bankruptcy? Very few. Unfortunately, it happens far too often. When it occurs, individuals inevitably struggle to rebuild their lives in the hope that one day they will become financially stable once more. Registered...
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...
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...
Some RDSP benefits people may not know about—The StarPhoenix
If you are disabled, have a social insurance number, reside in Canada and are under age 60, you qualify to open a Registered Disability Savings Plan (RDSP). You can take advantage of generous government assistance. $1,000 bond If you...
Deadline for RDSP contributions is Dec. 31—Will Carey
I want to inform you about a program offered by our government that I am finding most people are not aware of. It is called the Registered Disability Savings Plan. The number of accounts currently set up represents only...