Many parents that I've talked to are very active in saving for their children with special needs. Especially with the Registered Disability Savings Plan (RDSP), their attention is focused on getting...
Posts by Samuel Li
As I become a father myself, I'm more active in assisting young families to save for their children's future. In addition to the Registered Education Savings Plan (RESP), another strategy I always...
My Personal Experience In Handling Life Insurance Claim In Canada
Every now and then, I would come across sayings such as "I do not need any insurance coverage as premature death would not happen to me" or "life insurance companies tend to deny claims". Although, I...
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...