RDSP - Account Level Questions: What is Registered Disability Savings Plan (RDSP)? Who is eligible to setup a RDSP account? How do I apply for the disability tax credit? ...
Tag: Registered Disability Savings Plan
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,...
How To Plan For Disabled Adults Who Are Unable To Manage Their Finance?
When the disabled person is under the age of majority, there is relatively less restriction in managing for their finance. Typically speaking, the legal parents could manage on behalf of the child....
One of the key benefits of having the Registered Disability Savings Plan (RDSP) is the ability to attract the Canada Disability Savings Grants (CDSGs). This is a matching grant from the government to...
This Wednesday, I was invited delightfully to the Mackenzie Investments Symposium day. This professional event was hosted in their office building in downtown Toronto, and the purpose was to develop...
What Happens If The RDSP Beneficiary Has Shortened Life Expectancy?
Awhile ago, I received a question from one of my email subscribers. This was an email from a mother where her son with disability has shortened life expectancy. "Dear Samuel, thank you for...