Savings and Investments

RDSP Video from Globe and Mail

I recently came across a video that briefly explains the RDSP. When the program first launched back in 2008, not too many financial institutions are offering the plan. However, as companies realize this is such a meaningful plan to have, more and more of them are entering into this field, which leaves plan holders more…

Continue Reading

What will you prepare for your loved ones in this Christmas?

Christmas is coming!  Have you started your Christmas shopping yet? Rather than only buying the ordinary gifts, here are a few ideas you could consider for your loved ones: For your family: Give them a piece of mind by getting a life insurance policy. For your children: Build a brighter future for them by opening a…

Continue Reading

Canada Learning Bond

Beside the Canada Education Saving Grant (CESG), the Canada Learning Bond is also one of the great assistances parents could get from the government. Even without any contribution to the Registered Education Saving Plan (RESP), you could get up to $2,000 from this program. Below is a short clip that talks about the Canada Learning…

Continue Reading

What is Registered Disability Savings Plan (RDSP)?

What is RDSP? People with disabilities and their loved ones face a distinct set of financial challenges throughout their lives. To help address these challenges, in 2008 the Government of Canada introduced the Registered Disability Savings Plan (RDSP). Designed to help build long-term financial security for disabled persons, the RDSP makes it easier to accumulate…

Continue Reading