We work with many children with special needs. One of the questions often arise from their parents is they already have set up a Registered Education Savings Plan (RESP), but they do not expect their...
Category: Registered Disability Savings Plan (RDSP)
Anti-Avoidance Rules For Registered Disability Savings Plan (RDSP)
In the 2017 Federal Budget, there are a number of proposals that could impact the financial, tax and estate planning of Canadian. For families with disabilities, there is an improvement when applying...
Why My RDSP’s Matching Grant Is Less Than The Previous Year’s?
A number of families that I am working with already received their "Annual Statement of Grants Entitlement" from the government. Some of them contacted me and had the common questions "Why My RDSP...
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...
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,...