If you don’t know how much you should contribute to your Registered Disability Savings Plan, you might not contribute enough. What is worse, you might contribute more than required. It is easy enough to deposit money into an RDSP. Withdrawing money is a different...
by Ron Malis | Dec 14, 2021 | Advice, RDSP, Uncategorized
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...
by Ron Malis | May 24, 2021 | Advice, RDSP
Jeanette was 36 when her father died. It had been a tough year for Jeanette. After her father passed away, she had to set up a Henson Trust for her older brother, Darrell. She didn’t expect her role as trustee – and everything else that came with it – would be...
by Ron Malis | Nov 28, 2019 | Advice, Estate Planning, ODSP, Uncategorized
We are proud to announce our new company name, Reegan Financial. Why the new name? Deciding on a company name isn’t easy. It wasn’t easy for us. So why change it at all? As they say, if it ain’t broke…why fix it? We have our reasons. Malis...
by Ron Malis | Feb 12, 2019 | Advice
Think your settlement for pain and suffering can’t jeopardize your ODSP benefits? Well it can…if you don’t manage it properly. As of August of 2017, an award for pain and suffering is treated as an exempt asset by ODSP, regardless of the amount. For many...
by Ron Malis | Jun 6, 2018 | Advice, ODSP, Personal Injury Settlements
Make a contribution to your Registered Disability Savings Plan (RDSP) and you can expect the government will make a generous matching “Grant” contribution. But how much should you contribute? If you are not careful, you could end up contributing more to your RDSP...
by Ron Malis | Feb 14, 2018 | Advice, RDSP