Developmental Disability

The Registered Disability Savings Plan is generous. It’s also confusing. Tuesday October 28th  3:00pm to 4:15pm click here A person with a disability who qualifies for the RDSP can receive as much as $90,000 in federal government contributions. It has to be the...

The Registered Disability Savings Plan is incredibly generous.  It is also incredibly complex.   Many people will collect $90,000 in government grants and bonds, but the plan’s complexity makes many others hesitate.  People tend to avoid purchasing products they don’t...

Calculating Annual RDSP government contributions is a bit of a mystery to some.  Here is how they are calculated. There are two types of RDSP government contributions: the Grant and the Bond.  Let’s start with the Grant. The Grant The Grant calculation is based on...

The Ontario Disability Support Program (ODSP) is complicated. To achieve a strong understanding of ODSP, you need to read and understand hundreds of pages of ODSP Policy Directives.  My experience is most people on ODSP and their supporting family members are so...

Some parents are making such an effort to deposit enough money into their child’s RDSP account in order to maximize the government Grant contributions.  With so much focus on the RDSP account, some parents are forsaking other important aspects of financial planning,...