Update about the Registered Disability Savings Plan (RDSP) As we entered into March, many RDSP account holders already received the "Annual Statement of Grants Entitlement." This is the letter...
Tag: CDSB
3 Things To Look Out For When RDSP beneficiary Reaches Age Of Majority
1) Find out who should be the RDSP account holder The account holder is the person who could make all the decision regarding the Registered Disability Savings Plan. (i.e.: Decision on investments,...
Investing for disabled Canadians in the long haul In many of my previous posts about the RDSP planning, I repeatedly emphasized this savings plan is for long term investing. But how many years are...
I recently had a meeting with a parent whose daughter is diagnosed with pro-longed disabilities. Since the daughter is incapable of making her own financial decision, her father becomes the account...
Where Could I Find Out The Status Of My RDSP Grants and Bonds?
To find out the amount of disability savings grants and bonds one is entitled to involves many complex calculations. Factors such as the date that the disability tax credit is approved, the net...
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...