Registered Disability Savings Plan (RDSP)
The Registered Disability Savings Plan (RDSP) is offered by the government of Canada.
The RDSP is intended to help families and others save for the long-term financial security of a person or family member with a severe disability. It is a way to be able to save for retirement without affecting their government monthly income.
The government offers grants from 100 to 300% of your annual contribution, depending on the amount contributed and family income.
In addition, Canada Disability Savings Bonds up to $1000 may be available for lower income families.
These benefits can alleviate many financial challenges for families and individuals with disabilities as they age and need more care.
For more information contact Wendy Comer call or text  715-0469 or e-mail firstname.lastname@example.org
Wendy Comer is a financial planner who recently set up an RDSP for coach Craig