What is Registered Disability Savings Plan (RDSP)? Who should have one?

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FINANCIALPODCAST.CA: INTERVIEWING PROFESSIONALS

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-What is RDSP? -What is Disability tax credit? Who can qualify? Who would get tax credit if the parents are divorced? -How much money can a person contribute to RDSP? -What is the difference between bonds and grants and how much are they? -What bank can I open an RDSP with? What are the investment options? -Who will be the owner of RDSP if the owner passes away? -Can both parents be the owners of RDSP? Can the ownership be transferred to the child after s/he is an adult? -How to use an RDSP? -How much does it cost to open and maintain an RDSP? -How to withdraw money from RDSP? Steven Williams has 20 years experience in financial services, bookkeeping and accounting. Steven specializes in presenting and opening the Registered Disability Savings Plan (RDSP). With a blended family that includes eight children, Steven proudly displays an entrepreneurial attitude evident in many Alberta business owners. True to his community roots, Steven volunteered for over 6 years on the McKenzie Towne Resident’s Association Board. Steven is also a dedicated plasma donor for Canadian Blood Services. Email Steven at steven [AT] rdsplan.ca