RDSP

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...

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. But does it make sense for you? How much would you actually get from the government? How long...

The federal government has reduced the amount retirees must withdraw from Registered Retirement Income Fund accounts because of the effects Covid-19 is having on investments.  They seem to have overlooked those with a Registered Disability Savings Plan (RDSP). Sharp...

The Liberal government presented the 2019 budget, yesterday.  In it, they made two positive changes to the Registered Disability Savings Plan (RDSP). To open an RDSP account, you must qualify for the Disability Tax Credit (DTC).  Once you have that, you can open an...

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...

What’s in a name? Here I am, trying to figure out a name for my business. It ain’t easy. At least not for me. I am a financial advisor with a particular niche. Almost all my clients have a disability or have a child with a disability. 70% are parents with adult...