Toronto

A few weeks ago, I spoke with a frontline ODSP worker who described ODSP as a measure of last resort. In other words, ODSP is only for people facing financially desperate circumstances. Putting it simply, this is entirely false. Even middle-income families need to...

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...

People on ODSP should not be expected to take a vow of poverty. As an advisor, I work with many people on the Ontario Disability Support Program (ODSP), which is Ontario’s social assistance program offering income support for people with disabilities who are in...

Unless you opened up a Registered Disability Savings Plan (RDSP) in 2008 and maximized the matching contributions from the Government, you are likely entitled to retroactive contributions from the Government. While any retroactivity for the Bond portion of the RDSP...