Advice From Reegan Financial
ODSP Asset Limits
There are always rules. And then there are exceptions to those rules. ODSP is comprised of a myriad of financial rules, limits, and restrictions. Rules that have been created and modified over many years. At the same time, exceptions to those rules were developed. Those aware of the rules but not the exceptions easily assume ODSP benefits are beyond their reach., when that is often not be the case.
Pandemic Supports and ODSP
People with disabilities in Ontario feel they are getting the short end of the financial stick during the Covid-19 crisis. I can’t say I disagree with them. Hundreds of thousands of Ontarians with disabilities receive social assistance from the Ontario Disability...
Coronavirus Pandemic and the Registered Disability Savings Plan
The federal government has reduced the minimum withdrawal requirements for Registered Retirement Income Fund accounts for 2020 because of the Covid-19 pandemic impact on the markets. Registered Disability Savings Plans are subject to even more severe minimum withdrawal amounts, but measures to ease these requirements in light of the current crisis have not materialized.
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