Advice From Reegan Financial
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.
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.
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