demoRDSPcalculator - for demonstration purposes

Ver. 2.1

8-0516

Copyright © 2008 by RDSPadvisor

The latest version of the demoRDSPcaculator for downloading is available from

RDSPadvisor.ca

The enhanced version of on-line RDSPcaculator on-line is available at

RDSPadvisor.ca

The Registered Disability Savings Plan (RDSP) - is one of the most significant pieces of legislation affecting people with disabilities in recent history.

Starting in 2008 the Canadian Federal Government will contribute up to $90,000 towards the pension of the disabled member of your family.

Anyone eligible for the Disability Tax Credit (DTC) can participate.

This simple calculator demonstrates the potential benefits of RDSP. It can be used off-line and distributed freely, as long as, it is used only for demonstration purposes without modification.

For further information about the Registered Disability Savings Plan or the Disability Tax Credit is available at

Click on of the yellow input cells

and select a value from the drop down list.

Start at age

20 30

This calculator is provided for educational purposes only.

Sex

M F

Its accuracy is not guarantied. It has the major rules of RDSP incorporated,

Income ($000)

20 30 40 80

but it contains many simplification as well

Contribute to age

39 49

It can be used interactively to see the effects on the outputs;

Yearly contribution ($)

0 500 1500

- the potential pension income from the trust,

Rate of return (%)

3% 5%

- the accumulated value of the trust,

Start pension at age

50 60

- the total of payments out of the trust

- the family's contribution,

by changing the various input parameters.

Yearly pension income from age 60

to age

The family's contribution is

Value of trust at age 60

over a period of

years

Sum of all payments

at age