Could I have more than one RDSP account? I received this question from one of my email subscribers two weeks ago. The simple answer is no. Under the current rule, each beneficiary with prolonged...
Tag: CDSB
Is the Registered Disability Savings Plan (RDSP) only for the wealthy families? In my previous posting, we have discussed over the Canada Disability Savings Grants (CDSGs). Although it is one of the...
How To Receive Thousands Of Dollars In Canada Disability Savings Bonds From The Government?
Canada Disability Savings Bonds For Low Income Families Not too long ago, I had a meeting with a client, she is a single mom to a daughter with autism. During our conservation, she revealed that...
Turning $12,000 Disability Savings into $40,000 in three years
RDSP Example: Last November, I did a RDSP workshop for families with special needs. During the presentation, I illustrated an example of how contributions toward the Registered Disability Savings...
I recently received a question from a parent about the "Registered Disability Savings Plan". Her question is if my child who currently is eligible for the "disability tax credit" later on recover,...