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...

If your son or daughter is on ODSP (Ontario Disability Support Program), there is only so much money they can receive from other sources before their ODSP benefits are jeopardized. That includes money withdrawn from a Henson Trust. There is no limit to the amount of...