RDSP and TD Aggravations
One of the cornerstones you can set up to plan for your disabled child’s future is the RDSP (read the CRA page for all info). The grants from this program will help you set up… Read More »RDSP and TD Aggravations
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Registered Disability Savings Plan
The RDSP is the Registered Disability Savings Plan, a Canadian Government program to help disabled individuals save for their future. Depending on the disability and income level of the disabled person (or their guardians/parents) the Government will also add allowances and bursaries to the account yearly, up to a lifetime maximum.
The RDSP is a key tool for parents of children with disabilities save for their loved one’s future. Once the child’s disability has been recognized by the CRA, an RDSP can be set up to start saving for the child’s future. The government’s additions will depend on the income level of the parents, the lower the income the more allowances and bursaries are added to the savings account.
December is Here, think End of Year
Here comes the end of year financially are you doing what you need to, to keep your tax house in order? End of year is important financially.
Budget 2012: The RDSP Changes
Over the years there have been many RDSP Changes and tweeks to the system, in the 2012 Federal budgets there were a few changes introduced.
Here Comes 2011
With the new year (2011) coming soon what can you do for the new years coming very soon. What still needs to be done.
RDSP the Completion of Initial Work
I have written a great deal about the RDSP (registered disability savings plan) over the years, and this was written as I was setting up my son’s account (with TD). For a while I have… Read More »RDSP the Completion of Initial Work
