Below are some common questions that we came across regarding the Ontario Disability Support Program (ODSP). For more details in how to apply for the ODSP, please refer to one of our earlier...
Posts by Samuel Li
Our Top 7 Solutions To Common Barriers In Building Up Your RDSP Savings
I have been working with different families in putting more money into their long-term savings through the use of the Registered Disability Savings Plan (RDSP) since 2008, which was basically when...
Financial Products Should Not Be Forced To Be Tied Up Together
Many long-term readers probably know by now, I'm licensed in Ontario to assist my clients on multiple aspects of their finances, this includes to plan for their investments, mortgage and insurance...
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? ...
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....