RDSPs – An Essential Plank In Financial Planning For Disability

The late Jim Flaherty was primarily responsible for the implementation of the Registered Disability Savings Plan (RDSP) in 2008. With some adjustments since, the RDSP has survived as an outstanding opportunity to boost the financial resources of individuals with disabilities starting with mandatory pension benefits at age 60. Better still, with some advanced planning, funds can often be drawn down out of plans earlier to help finance the need for funds as parents get closer to retirement...