Could I have more than one RDSP account? I received this question from one of my email subscribers two weeks ago. The simple answer is no. Under the current rule, each beneficiary with prolonged...
Tag: Canada Disability Savings Bond
Is the Registered Disability Savings Plan (RDSP) only for the wealthy families? In my previous posting, we have discussed over the Canada Disability Savings Grants (CDSGs). Although it is one of the...
Turning $12,000 Disability Savings into $40,000 in three years
RDSP Example: Last November, I did a RDSP workshop for families with special needs. During the presentation, I illustrated an example of how contributions toward the Registered Disability Savings...
As you might not noticed, in the 2012 federal budget, our government has introduced a few changes to the RDSP. I think all these changes have made it even easier to build up the...
I recently received a question from a parent about the "Registered Disability Savings Plan". Her question is if my child who currently is eligible for the "disability tax credit" later on recover,...