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WELCOME to the home of RDSP advisor. 
 

Our objective is to provide a single source of information to help setting up an RDSP trust plan for yourself or a family member with a disability.

 

Starting in 2008 the Canadian Federal Government will contribute up to $90,000 towards the pension of the disabled member of your family.
There are hundreds of thousands out there who qualify, but they must apply to get it.
 

See if your province will allow to have the benefits of RDSP without claw back on your provincial social assistance. 

 Enter by selecting your province 
and find out if you qualify.

Use our on-line RDSP calculator to see how much you could benefit.

 Entry to your province will activate all links.

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This website is maintained in cooperation with and in support of

Lifetime Networks Ottawa (LNO)

- an affiliate of

Planned Lifetime Advocacy Network (PLAN)

- serving the disabled community on issues related to the implementation of the

Registered Disability Savings Plan - RDSP 

 

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News items ...

Prime Minister Harper’s election promise for families with a family member with disability ....

  - posted: Friday, September 19, 2008

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Prime Minister Harper’s election promise for families with a family member with disability  - posted: Friday, September 19, 2008

Today, Prime Minister Stephen Harper announced that a re-elected Conservative Government will introduce important financial changes to benefit families that care for family member(s) with disability.
Allow families to split their income between spouses to reduce their taxes in situations where one spouse is not working full-time in order to care for one or more family members with disabilities – whether children or adults.  Improve the Registered Disability Savings Program (RDSP) by making it easier for a person with disabilities to access money that has been transferred from the unused retirement savings (RRSP, RIFF) of a deceased family member. read more  ...  on RDSP ...  RDSPcalculator .... RDSP calculator in Ontario

 

Saskatchewan (SK) exempts RDSP -

posted: Thursday, September 04, 2008 This morning in a news  release  by  the Minister of Social Services for Saskatchewan - SK - Donna Harpauer is quoted as saying: "The exemption of RDSP assets and income from social assistance calculations makes sense for a number of reasons.  Most importantly, it will encourage individuals with disabilities and parents of children with disabilities to create RDSP without having to worry that the assets will be clawed back when withdrawals are made on behalf of the beneficiaries." read more ... ( RDSP bc ... demo  RDSPcalculator the demo RDSP calculator)

Sylvia Jones MPP on Bill 94 (Ontario), RDSP & ODSP in ON 

- posted: Friday, August 22, 2008 On Thursday, August 21st the Caledon Citizen (Ontario ON) featured an article by MPP Sylvia Jones about her proposed legislation (Bill 94)  have the RDSP exempted as an asset in Ontario. She writes:
"As Progressive Conservative Critic for the Ministry of Community and Social Services, I introduced a private member's bill (94) to address the inequity in Ontario Canada.  After speaking with families who were trying to plan for the financial future for their disabled children, I drafted the Social Assistance Statues Law Amendment Act 2008. The purpose of my private member's bill is to allow Ontario families to save by removing the RDSP as an asset when calculating monthly disability benefits."  read more ... (on RDSP mb)            (Get the  RDSPcalculator the  practice RDSP calculator) RDSP - 

Our disability welfare system (ODSP) in Ontario  (ON) needs rebuilding

 "Provinces and territories must amend legislation to ensure benefits are not clawed back." ANDRE PICARD From Thursday's Globe and Mail, July 31, 2008 Toronto Ontario - ON read more ... (on RDSP sk)   (Check out our RDSPcalculator one of the several RDSP calculator) 

CTV news report in support of Bill 94 (Ontario ) re: ODSP - ON - RDSP

- posted: Saturday, July 19, 2008   Friday might July 19, CTV on the 6 o'clock local (Ottawa) news aired a report on RDSP and Sylvia Jones MPP (Dufferin-Caledon Ontario ON) and Progressive Conservative Community and Social Services Critic private member's Bill 94 (Ontario - ON)  to change the ODSP rules to exempt RDSP assets and income when calculating ODSP benefits. MS. Meilleur, Minister of Community and Social Services, was not available for comments.  A spokeperson in her office indicated, that their aware bill 94 and considering it, and hope to have a decision made by the time the RDSP plan will become available, most likely in December 2008. This means is that the provincial government will keep the ODSP recipients (and there are about 450,000 of them in Ontario with a significant number  eligible for RDSP) in the dark until the last minute.
Missing a chance to sign up this year for some could result in the loss of tens of thousands of dollars (missed grants, bonds and interest). read more ... (on RDSP mcss odsp)     (RDSPcalculator - an RDSP calculator)

Yukon (YK) exempts RDSP

- posted: Wednesday, July 16, 2008 Yukon is the first territory to do so, joining the provinces of British Columbia - BC - and Newfoundland Labrador - NL - in allowing to receive the full benefits of the Registered Disability Savings Plan (RDSP) without claw-back on their provincial social assistance payments. read more ... (on RDSP qc)              (Find our RDSP calculator: RDSPcalculator)

When can Canadians sign up for RDSP?

 -  posted  - Sunday, July 06, 2008 The following bits of information might be indication of the Federal Government's (Canada) readiness to process appliocations for the Registered Disability Savings Plan - RDSP. On June 14, HRDC issued a request for proposal with a closing date of June 23, 2008 with the following description of requirements: "Budget 2007 announced the introduction of a Registered Disability Savings Plan (RDSP) as a savings vehicle to assist families in providing for the financial security of a child with a severe disability. The Government of Canada is committed to investing in families and Canadians with disabilities through initiatives including the RDSP to which both individuals and the government will contribute. Government contributions will consist of a Canada Disability Savings Grant (CDSG) and a Canada Disability Savings Bond (CDSB). These new disability savings incentives have been long-awaited within the disability community, and as such, the Government of Canada wants Canadians to be able to establish RDSP accounts by December 2008 so that they can have access to these incentives for 2008. Therefore, systems must be in place to register an RDSP and to pay out the CDSG and CDSB by December 2008." read more ... (on RDSP nl)     (RDSPcalculator the educational RDSP calculator) 

RDSP Regulations are Published

posted: Thursday, June 26, 2008 June 25, 2008 - The Regulations for the Registered Disability Savings Plan (RDSP) were published in the Canada Gazette. [Part II, page 16-24, Bookmark: SOR/DORS2008-186] read more ... (on RDSP yk)    (See our RDSP alculator - the new demo RDSP calculator)

Newfoundland - NL - Exempts RDSP

 - posted: Thursday, April 10, 2008 The provincial government of Newfoundland and Labrador has amended its regulations to exempt the RDSP from the calculation of income support benefits. read more ... (on RDSP ns)   (simple RDSPcalculator tto be used as a demo RDSP calculator)

Manitoba - MB - government will allow RDSP

 - posted: Monday, December 31, 2007 December 31, 2007- The Manitoba (MB) the recipients of the Employment and Income Assistance (EIA) will be allowed to receive the full benefits of the Registered Disability Savings Plan (RDSP) without having their EIA  (MB) benefits reduced - based on the statement made in the “MANITOBA (MB) BUDGET 2007 - Budget Paper E" read more ... (on RDSP ab)    (RDSPcalculator the  RDSP calculator)

RDSP gets Royal Assent 

-posted: Thursday, December 20, 2007 December 19, 2007, Ottawa - Bill C-28, which included the Registered Disability Savings Plan (RDSP) was given Royal Assent and enacted into law on December 14, 2007 .read more ... (on RDSP pe)                   (Calculate your benefits using the RDSPcalculator as an RDSP calculator)

 BC WILL EXEMPT RDSP

 - posted: Monday, December 10, 2007 December 1, 2007. VICTORIA – BC WILL EXEMPT FEDERAL REGISTERED DISABILITY SAVINGS PLAN (RDSP).  The Ministry of Employment and Income Assistance of British Columbia will fully exempt the federal government’s (Canada) Registered Disability Savings Plan (RDSP) when calculating clients’ eligibility for disability assistance - read more ... (on RDSP nt)                       (Tell aboutt our RDSPcalculator: a simple RDSP calculator)

Canada Disability Savings Act (CDSA)

- posted: Friday, November 30, 2007 On November 21st Minister Flaherty tabled legislation to create the Registered Disability Savings Plan - RDSP -as part of Bill C-28.The provisions of the Canada Disability Savings Act - CDSA - come into force on a day or days to be fixed by order of the Governor in Council.. (of Canada)  read more ... (on RDSP sk)                    (Go to the RDSPcalculator  one of the first RDSP calculators)    

Building an Inclusive and Accessible Canada

-  posted: Thursday, November 15, 2007 On November 22nd, 2007, at the 'End Exclusion 2007' conference, Canadians with disabilities gathered  in Ottawa to move into action. Using the 2006 Declaration as the foundation, initiative partners finalized a National Action Plan focusing on Building an Inclusive and Accessible Canada. read more ... (on RDSP nu)    (sample the RDSP calculator for RDSP calculations)

RDSP draft legistlative proposal -

posted: Monday, October 15, 2007 On October 1st, 2007 the Federal Government of Canada released draftlegislative proposals to implement the Registered Disability Savings Plan ( RDSP ) announced in Budget 2007.  They also introduced the Canada Disability Savings Act, CDSA which will be administered by Human Resources and Social Development Canada and would provide for payment of the new CDSG and CDSB into RDSP    ... prerequisite DTC eligibility ... read more ... (on RDSP pei)   (write about our simple RDSPcalculator  and  demo RDSP calculator)

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