Financial Solutions for People with Disabilities and their Families

Advice From Reegan Financial

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.

ODSP asset limits – a brief summary

ODSP asset limits – a brief summary

The Ontario Disability Support Program (ODSP) has a fairly complex set of guidelines that determine who is eligible for the program.  However, there are two basic areas that determine whether a person with a disability qualifies for ODSP from a financial perspective: their assets and their income.

Pandemic Supports and ODSP

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...

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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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