One of the key features of the Registered Disability Savings Plan (RDSP) is the Canada Disability Savings Grants (CDSG). This is a matching grant that truly enhances the account balance. After...
Category: Registered Disability Savings Plan (RDSP)
The Registered Disability Savings Plan (RDSP) is a saving tool that helps people with disabilities secure their long-term financial futures. Depending on the individual's circumstances, the...
I regularly receive inquiries from families with disabilities about whether they need to report tax on their Registered Disability Savings Plan (RDSP), especially during tax season. Given the...
Who can be the Qualifying Family Member of an RDSP? (2023 Update)
Ever since the announcement of the recent Federal Budget, I’ve been keeping a close eye on the latest news to ensure that more families are fully informed about its potential impact. If you recall,...
I work with many parents with disabled children. One of the questions that often comes up is how the parents can transfer their assets to the disabled child when they pass away. Many of...
So I was just reading the Disability Tax Credit (DTC) application this morning. The government seems to have widened the criteria for mental functions and life-sustaining therapy. On the...
