What Is Child Disability Benefits (CDB)? The purpose of the Child Disability Benefit is to provide tax-free benefits to families who have a child with prolonged disability. What Benefit...
Tag: Disability Tax Credit Canada
Investing for disabled Canadians in the long haul In many of my previous posts about the RDSP planning, I repeatedly emphasized this savings plan is for long term investing. But how many years are...
Last week, I did a Disability Savings (RDSP) workshop for "I Believe in Miracle" a therapy agency for children with intellectual disabilities such as Autism, Learning Disabilities, ADD/ ADHD, slow...
Today, I want to share an example of how one could grow their disability savings to $398,891. Before I start, I want you to think about what does having that amount of savings would mean to the...
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...