To start off planning for your Registered Disability Savings Plan in 2017, I contacted Mackenzie Investments. They are one of our long-term business partners, and the top notch financial company...
Tag: RDSP
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....
What Happens If The RDSP Beneficiary Has Shortened Life Expectancy?
Awhile ago, I received a question from one of my email subscribers. This was an email from a mother where her son with disability has shortened life expectancy. "Dear Samuel, thank you for...
The Power of RDSP 2016: How to Turn $18,000 into $72,000 in 4 years?
In the past few years, I posted some examples on how to maximize in receiving the Canada Disability Savings Grants within the RDSP. This year will be no exception! Earlier today, I contacted the...