Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

How To Qualify for the Disability Tax Credit and RDSP, with Alan Whitton

How To Qualify for the Disability Tax Credit and RDSP, with Alan Whitton

FromThe MapleMoney Show


How To Qualify for the Disability Tax Credit and RDSP, with Alan Whitton

FromThe MapleMoney Show

ratings:
Length:
31 minutes
Released:
Apr 22, 2020
Format:
Podcast episode

Description

Many Canadians don’t realize that the government has an investment plan designed specifically for Canadians with disabilities. The Registered Disability Savings Plan exists to help disabled Canadians with their long term savings, but it can be difficult to understand. Alan Whitton is the founder of Canajun Finances, where he writes extensively about the Registered Disability Savings Plan, and RESPs as well. He joins me this week to explain the ins and outs of the RDSP, as well as the Disability Tax Credit. You can find the show notes for this episode at https://maplemoney.com/alanwhitton Do you bank with a member of CDIC? If so, your eligible deposits with that institution will be protected up to $100,000 in each of their coverage categories, in the event of a bank failure. Didn’t know that banks could fail? CDIC has handled the failure of 43 of its member institutions since it was established in 1967. Guess how many people lost their protected deposits during those failures? Zero. Not a single dollar under CDIC protection was lost. Find out more about CDIC coverage and check to see if you bank with one of its member institutions by visiting https://www.cdic.ca
Released:
Apr 22, 2020
Format:
Podcast episode

Titles in the series (100)

The MapleMoney Show is a personal finance podcast helping Canadians learn how to make money, save money, invest money, and spend money in a way that helps you create lasting financial freedom. More information at https://maplemoney.com