RDSPs are confusing and underused, but if you are eligible they’re worth it—The Globe and Mail
If you’ve ever been chastised for not taking advantage of employer-matched RRSP contributions, which could effectively double your savings for free, then imagine the incredulity behind the lack of uptake on the potentially much larger savings afforded to those...
More RDSP(ect) please—CAPITALNEWSONLINE
Supporters of the Registered Disability Savings Plan (RDSP) are praising new government changes to five of the plan’s key areas, saying the new rules will make the program easier to use and encourage more participation. The changes deal with...
Canada’s disability savings fund called a ‘fiasco’—CBC News
Fewer than 1 in 6 of those eligible sign up for ‘onerous’ accounts Evan Pennington, 8, suffers from severe spastic quadriplegia cerebral palsy. (Submitted by Frank Allen) _ For years, Frank Allen — founder and CEO of...
Tax Withholding on Payments From RDSPs—Canada Revenue Agency
Click on the following orange link to download a copy of CRA’s RDSP taxation sheet and learn how government contributions and investment growth will be taxed in your RDSP. Also copied below. QSAs – Tax withholding on payments from...
Law Commission of Ontario Research Effort Launched
The Ontario government has asked the Law Commission of Ontario to look into how more people with mental and developmental disabilities could use the federal Registered Disability Savings Plan without costly assessment tests. The RDSP is a savings program...
RDSP Research participants needed
The Government of Canada is conducting a study about governmentprograms for persons with disabilities and issues related to saving forthe future.If you or your immediate family member with a disability is in receipt of the federal Disability Tax Credit,...
Opportunity to Participate in an RDSP Study
RESEARCH PARTICIPANTS NEEDED Are you a person with a disability or the immediate family member of a person with a disability? The Government of Canada is conducting a study about government programs for persons with disabilities and issues related...
RDSP Fact sheets now in Aboriginal Languages – by the Federal Government of Canada
Dear Community Partner, As part of a continued effort to provide information about the Registered Disability Savings Plan (RDSP), the grant, and the bond, in a variety of formats and to diverse audiences, visitors to the RDSP website can now download...
BC Confirms RDSPs will Not Affect Disability Income
On January 30, 2013, the Ministry of Social Development (MSD) in British Columbia clarified how payments out of an RDSP will be treated. All provinces and territories have stated that money held within an RDSP will not affect disability...
Updated Income Numbers to Determine Grant and Bond Amounts
The Canada Disability Savings Grant is an amount paid based on contributions deposited into an RDSP. If the beneficiary’s annual family income is less than or equal to $87,123 for 2013, the Government of Canada pays: a 300% Grant...