investing

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...

People with disabilities often live on a tight budget.  For those that do, here are some points to help manage your financial health and long-term savings: Apply for the Disability Tax Credit. If you qualify, it can reduce the amount of income tax for you or somebody...

I can’t bite my tongue any longer. You want to open a Registered Disability Savings Plan (RDSP), but where? You have choices, but not many. There are the major banks, credit unions, a few other financial institutions and mutual fund companies through financial...

Ironically, one of the most rattling things that can happen to a person on ODSP Is to receive an inheritance. It is rattling because they can lose their ODSP benefits. Lately, I have received calls and emails from people on ODSP who have received an inheritance from a...

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...