Ontario Update
MPP Sylvia Jones pushes for provincial welfare changes to accommodate the RDSP in Ontario for people with disabilities. See below for article as found in the Orangeville Citizen: Jones Bill Would Preserve Disability Benefits Dufferin-Caledon MPP Sylvia Jones says...
RDSP creating momentum abroad
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,...
Tell us what you will do with your RDSP
“What are people going to do with all that money?” Someone asked the question at a recent presentation when we were reviewing one of our scenarios. They realized immediately what the question meant. They were no longer bound to...
The Importance of Relationships
The well-being of vulnerable people stands on two pillars: social and financial well-being. We’ve always known this at PLAN and you can get lots of information from our websites: www.plan.ca and www.planinstitute.ca. Working around financial well-being reinforces the importance...
Provincial/Territorial Update – Keeping Track of Your Province/Territory
Currently BC, Alberta, Newfoundland, Saskatchewan, Manitoba, Ontario, Nova Scotia, NWT and Yukon have exempted the RDSP as an asset and/or income. Quebec and New Brunswick have exempted the RDSP as an asset but are capping the amount of income that you...
Response to questions #1
1) When will people actually be able to setup an RDSP and how much lead up time will people have to get the necessary paper work in place? Our most recent meetings in Ottawa suggest that the necessary legislation...
Scenario 1: Erin
Erin enjoys a rich life with her family and friends. Few families are better prepared to plan for the future. Ric and Pat, Erin’s parents, are well known family leaders who are involved with PLAN, Family Support Institute...