Advice From Reegan Financial
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.
Proposed ODSP Changes Reversed by Ford Government
Plans to change how the Ontario Disability Support Program treats employment income were scrapped by the Ford Government, but uncertainty about the future remains for people with disabilities on social assistance.
Managing A Henson Trust: What Could Go Wrong?
Including a Henson Trust in your will is a start. Managing a Henson Trust is something entirely different. Wills do not include step-by-step instructions to guide trustees. Getting up to speed has been a painful, drawn-out process for too many trustees.
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