Financial Solutions for People with Disabilities and their Families

Advice From Reegan Financial

How Much is the RDSP Grant

How Much is the RDSP Grant

Thinking of opening a Registered Disability Savings Plan? If you are, you might be asking how much the government would contribute to it.  A fair question without a straightforward answer. There are two types of RDSP contributions the government provides: The RDSP...

RDSP Calculator coming soon

RDSP Calculator coming soon

Is the Registered Disability Savings Plan worth it? In theory, the RDSP makes a whole lot of sense. Over a lifetime, the federal government can contribute up to $90,000.

Who Qualifies for ODSP – A Brief Summary

Who Qualifies for ODSP – A Brief Summary

The Ontario Disability Support Program (ODSP) provides social assistance for adults with disabilities in financial need. It provides income and health benefits for those who qualify.

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ODSP and Inheritance

A single person without children living on their own can expect to receive approximately $1,168.27 a month as a recipient of the Ontario Disability Support Program. Not a lot of money when you consider the cost of living.

Registered Disability Savings Plan (RDSP)

An RDSP Account Can Earn You $90,000. The Federal Government of Canada, will contribute up to $90,000 to an RDSP over a person’s lifetime.

Managing a Henson Trust

You have an adult son or daughter who is receiving assistance from the Ontario Disability Support Program (ODSP) and you know leaving them with an inheritance in their name after you die could easily spell the end to their ODSP benefits.

Estate Planning

Understandably, parents of children with disabilities want to make sure their child will be okay when they can no longer parent.  Making sure their child is financially secure after they are gone is one of the biggest challenges parents face.

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