Canada Disability Savings Grants

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RDSP Income Matching Rates for 2015

The chart below outlines the matching rates of “Canada Disability Savings Grants (CDSG)” in 2015     The chart below outlines the Canada Disability Savings Bonds (CDSB) in 2015 *2015 rates. For a minor beneficiary, the family net income is that of his or her parents. When the beneficiary is over the age of majority,…

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8 Tips On Your Registered Disability Savings Plan (RDSP)

1) Open your RDSP account ASAP I have been working in the financial industry since 2005, and the Registered Disability Savings Plan is truly one of the best financial programs I have ever seen. This is an excellent program in the sense that it provides attractive matching grants and savings bonds. Where else could you find…

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RDSP Strategy 2014: Maximize The Canada Disability Savings Grants

Just awhile ago, I did a RDSP workshop for “I Believe In Miracles“, a therapy and tutoring agency for children with special needs. In one of my previous posts, I shared how a  person may grow their disability savings to $398,891 in the long run. Today, I will show you another example from the workshop,…

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How To Save $398,891 For The Disabled Person?

Today, I want to share an example of how one could grow their disability savings to $398,891. Before I start, I want you to think about what does having that amount of savings would mean to the disabled person? Will that mean more suitable medical equipments? Better treatment? Greater affordability to hire someone to assist…

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RDSP Workshop At “I Believe in Miracles” Therapy Center

If you are one of my email subscribers, you probably already noticed that on May 21st, 2014, I’m very delighted to be speaking at the “I Believe In Miracles”  therapy center. For those who haven’t received my email, below are the details. (If you haven’t, make sure to click here to subscribe to my emailing…

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$101,411 Disability Savings Benefits Is Obtained!

As most of you probably know by now, assisting families with special needs to obtain disability savings benefits is part of my services and it is also something I really enjoy doing. It has been a few years of meaningful journey in learning the different aspects about the RDSP program, and showing this to families…

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Obtain Disability Savings Benefits By Filing Your Income Tax

  I have came across a question from a person with special needs: “I already setup the RDSP, but why I haven’t seen the grants and bonds being deposited into my account?” If you recall the benefits of setting up a Registered Disability Savings Plan (RDSP), the Canada Disability Savings Grants (CDSG) and the Canada…

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ODSP Does Not Equal RDSP

Since I launched the RDSP marketing campaign, I’ve been receiving a lot of inquiries about this government program. One of the most common questions I received is: “I’m  already receiving benefits from the ODSP, does it mean I also qualified for the RDSP?” Despite the names are so similar, while they both aim to support…

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RDSP Video: Canada Disability Savings Grants

Up to $70,000 of Canada Disability Savings Grants If you are unfamiliar with the Registered Disability Savings Plan (RDSP), the Canada Disability Savings Grants is one of the main benefits from the government. Check out the video below where I’ll be explaining in more details. In the video, I mentioned an article I wrote awhile…

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How many RDSP account could I have?

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 disability may only have one RDSP at any given time. I believe this setup is to avoid confusion, especially when trying…

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