You can have one Registered Disability Savings Plan account. Unlike RESPs, TFSAs and RRSPs where you are allowed to have as many accounts at different financial institutions, you may not have more than one RDSP account. In fact, as the government says on its...
by Ron Malis | Jan 8, 2015 | RDSP
Dear ODSP Caseworker I have met only a few of you and yet I think about you often. I wanted to write this letter to you to ask a favour. Asking you for a favour at this time might seem a bit much. A bit presumptuous. You are dealing with SAMS, a new software system...
by Ron Malis | Dec 23, 2014 | ODSP
If you are eligible for the Ontario Disability Support Program (ODSP), you may be eligible for Canada Pension Plan Disability benefits (CPP-D), but don’t expect it will increase the amount of money from the government. In fact, if a person’s CPP-D monthly...
by Ron Malis | Dec 11, 2014 | ODSP, Uncategorized
When the government introduced the Registered Disability Savings Plan in 2008, many families were surprised they couldn’t open an account for their adult son or daughter if they had a developmental disability. Why? Because many adults with developmental...
by Ron Malis | Dec 9, 2014 | RDSP
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...
by Ron Malis | Nov 9, 2014 | Advice, Estate Planning, ODSP, RDSP